Choosing the Right Neighborhood For Your Multi-family purchase

Choosing the Right Neighborhood For Your Multi-family purchase

You’re looking for a nice multi-family property that you want to both live in and partly rent. How do you find it and what are some key factors to consider? Not every neighborhood allows multi-family housing. Zoning laws are very specific. That’s the reality. So, the...
Should You Offer LTR, MTR or Short term rentals?

Should You Offer LTR, MTR or Short term rentals?

So, you’ve got a vacancy – what should you do with it? While long-term rentals are traditional, there are three common options each with its own pros and cons. Your building can have a mix of them. Let’s look at each possibility – primarily from the perspective...
How Often and How Much Should You Raise the Rent?

How Often and How Much Should You Raise the Rent?

This is one of the thorniest questions in the landlord business. One camp says to raise it regularly and to the maximum that the neighborhood will bear, and if they move out, then find a new tenant. Another perspective is that turnovers are expensive and...