That detail matters.I scheduled a routine walkthrough with the tenants to check on the condition of the property.

. -- This happens in many homes around the country whether they are managed or not, whether they are for rent or not, whether they are for sale or not. 2) Damages: "I had to cover the rehab costs myself due to winter conditions and the risk of frozen pipes."

Rates primarily reflect economic conditions, including growth and inflation potential.The labor market has been weaker than many realize because most people focus on headline employment numbers without digging into the underlying details.

I have two properties now that I've improved slowly over time, and cash flow well, but it wasn't exactly a straight line of success. 

Lower LTV** improves your debt-to-income for future acquisitionsExample from a BP member I helped last week:- Denver rental purchased January 2023: $425,000- Current value: $455,000 (7% appreciation)- Current LTV: 81.3%- Extra payment needed: $7,400- Monthly PMI eliminated: $195- Cash-on-cash return improvement: 2.8 percentage pointsThe Step-by-Step ProcessWeek 1: Analysis- Pull your current mortgage balance- Get realistic property valuation (not Zillow - use recent sold comps)- Calculate exact LTV- Determine gap to 80%Week 2: Decision- Compare ROI of PMI removal vs other investments- Check if you have the liquidity- Consider tax implicationsWeek 3-4: Execution- Contact loan servicer IN WRITING- Request PMI removal requirements- Make lump sum payment if needed- Order appraisal if required ($400-600)Week 5-8: Follow-up- Weekly check-ins with servicer- Confirm PMI removal on statement- Redirect savings to next investmentImportant Reminders for September 20251.

I've rented in this exact market for 22 years and am certain that $1800 is low.

Many prospective buyers don’t want to pay large mortgage payments on a home listed at market value and they know enough about home renovations that they can rehab it themselves and have exactly what they want in a home and can have a small payment on it if it is purchased this way. 

We excel under current market conditions – the same ones that have many people panicking, as several of the major players in the real estate fund space are reporting losses, forced sales, foreclosures, and SEC investigations.

Wait the 8 months and do the EXACT same thing again.

Lately, I’ve noticed some owners still holding onto the 2021 market mindset, hesitant to adjust strategies to today’s conditions.