Start immediately with small, reasonable rent increases and plan that it will probably take several years (depending on how far, how long, that you have been asleep at the wheel) to get back to the average market rate in your area.....

I don’t want to reinvent the wheel if others here have real-world examples of how they structured something creative and made it a win-win for all sides.I’m not looking for secret formulas or gimmicks. just solid, practical insights from folks who’ve put these ideas into action.Questions:What’s the most creative (but legal) financing structure you’ve successfully used?

If you can make the house zoned back to where its on two lots you should be able to do a coach house on the rear of the side lot.

They have the infrastructure to keep the wheels moving when this type of stuff happens.

@Jeff G. it's always easiest to NOT reinvent the wheel!

Way out of my wheel house.

Hello All, My name is Naga Rumicho. I am an aspiring real estate investor. I am a husband, soon to be new father, and work as a physical therapist in my day job. I am passionate about all of these things, including re...

That would provide you some easy training wheels for your first investment and would allow you to get into a higher quality asset right out of the gate with low money out of pocket.

No need to reinvent the wheel.

That keeps everything separate and easy to track Ylu don't need to reinvent the wheel for leases.