Search results

The immediate constraint is that turnover costs arrive now, while the benefit of a higher rent is recovered gradually. For this small multifamily, the missing fact may be how long the reliable tenant is likely to remain after either a modest or phased increase. Retention is valuable, but...

Also price the decision against the whole first-month cash drain, not just the inspection fee. Moving, immediate repairs, furniture, service charges, insurance excess and the first mortgage payment can land close together. I’d delay nonessential furniture before reducing the emergency fund to...