JF854: He Increased Rents by ~$700 and Retained the Tenants!

<p>Not a customary purchase, he bought a duplex in North Austin which is an up-and-coming area and decided to charge market rent. Apparently the previous owner didn't charge market rent, so he evened the playing field yet retained his tenants.<br /> <br /> <strong>Best Ever Tweet:</strong><br /> <br /> It's better to walk away from a deal than buy a bad deal.</p> <p><strong>Tim Landy Real Estate Background:</strong></p> <p>- Real Estate Advisor & Investor at Twelve Rivers Realty<br /> - Represents investors from single family, multifamily and development<br /> - Runs an investment company that focuses on rentals and syndication<br /> - Helped raise $150,000 in charitable donations for the LLS<br /> - Graduated Cum Laude from Saint Louis University<br /> - Based in Austin, Texas<br /> - Say hi to him at www.twelveriversrealty.com<br /> - Best Ever Book: Think and Grow Rich by Napolean Hill</p> <p><strong>Made Possible Because of Our Best Ever Sponsors:</strong></p> <p>You find the deals. We’ll fund them. Yes, it’s that simple. <strong>Fund That Flip</strong> is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes.</p> <p><strong>Download your free copy at</strong> <a href= "http://www.fundthatflip.com/bestever" rel= "nofollow"><strong>http://www.fundthatflip.com/bestever</strong></a></p> <p><strong><a href= "https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg" rel= "nofollow">https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg</a></strong></p> <p>Subscribe in <a href= "https://itunes.apple.com/in/podcast/best-real-estate-investing/id904025246?mt=2&ign-mpt=uo%3D4"> <strong>iTunes</strong></a> and <a href= "http://www.stitcher.com/podcast/joe-fairless/best-real-estate-investing-advice-ever?refid=stpr"> <strong>Stitcher</strong></a> so you don’t miss an episode!</p>