Proactive seasonal maintenance not only improves performance but also helps avoid costly breakdowns during peak usage.

Phase One Highlights: Purchase Price: $2.05MStructure: Existing improvements + stabilized landStrategy: Lease to regional operator on a NNN basisImmediate Cash Flow: Rent begins Day One5-Year Refinance Target: $3MLocation: Nederland, TX (industrial corridor with strong tenant demand)  We’ve structured the acquisition with a clear 5-year exit, conservative underwriting, and a focus on strong fundamentals over speculation. 

My passion in this industry is to build community, improve value of homes and create opportunity for those working to build generational wealth.

Usually you can be as in depth as you want, but you should always look to improve your processes from vetting borrowers, improving lending documents, insuring that you are loaning on quality deals, not over extending, and ensuring that you are well protected in the event you may have to take it back in the case of default.1. $250k is enough to do a deal or two, depending on the pricing of the deals & locations.

I will say a few things though: Pros:My experience with them improved over the 5 years each year as they added more features, services and personnelThere 10% fee (10% of nightly rates and cleaning fees) is still reasonable for what they do if you don't want to worry about setting up and managing listings, professional photos, payments, guest inquiries, calendars, etc.They basically handle everything up until check in, they then set you up with one of their 'partners' in the area for the rest or you self-manage everything after check-in (I opted for the latter)Their staff is friendly and their owner portal is a really nice feature to go in and look at your portfolio of homes with them in a single space. 

Some of the strongest reasons to raise rent include:Increased operating expensesSignificant property improvements (new flooring, appliances, etc.)Market shifts showing higher rates for similar unitsA strategic portfolio review showing below-market positioningIt’s not just about adding dollars—it’s about maintaining your investment’s performance in a changing economic landscape.But Sometimes, Holding Off Is the Smarter PlayIn the past, I’ve been know to advise some clients not to raise rent—even when they technically could.

It's considered a capital improvement.  

Its in Illinois, so if anybody knows of any state or federal credits that might work, please let me know.thanks Most energy-efficient tax credits, like the federal Residential Clean Energy or Energy Efficient Home Improvement credits, are meant for owner-occupants, not investors or flippers.Buyers might be able to claim credits if the upgrades meet IRS standards, but only if they paid for the improvements.

You Have More ChoicesThe number of homes for sale has improved a lot.

Cashout refi's are tough to execute with poor credit, and there is no guarantee that paying off old trades with bad history will improve your score.