The deals that challenge you are often the ones that build the most confidence and skill. 

The seller overpaid a few years ago and had to relocate for work. Not my market, but he reached out, and he was a real seller. So I took the swing.

Here’s the lesson: I got sold.

He responded to a text campaign, cha...

I’m curious about if and how property tax increases will happen.

We typically do a minimum 3% increase, then we hold larger increases for turnovers or every 3-4 years.

You can justify a rent increase.3.

But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:"Missouri’s State Tax Commission ordered Jackson County to roll back its 2023 property tax assessments, which raised homeowners property assessments by an average of 30% and more than 100% in some cases.

A good first property builds confidence and momentum.

Aligning increases with tax hikes is key.

Also, you can't increase the rent for 2 years. 

I have them conditionally formatted so the dates turn increasing red as we approach the date in the cell.