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

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.

Best Ever Tweet:

It's better to walk away from a deal than buy a bad deal.

Tim Landy Real Estate Background:

- Real Estate Advisor & Investor at Twelve Rivers Realty
- Represents investors from single family, multifamily and development
- Runs an investment company that focuses on rentals and syndication
- Helped raise $150,000 in charitable donations for the LLS
- Graduated Cum Laude from Saint Louis University
- Based in Austin, Texas
- Say hi to him at www.twelveriversrealty.com
- Best Ever Book: Think and Grow Rich by Napolean Hill

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