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Updated over 4 years ago on . Most recent reply

Shachar Avraham's profile image
Shachar Avraham's profile image
Shachar Avraham
  • New to Real Estate
  • from New York
  • Member since Apr 10, 2018
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User Stats

21
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1
Votes
Shachar Avraham's profile image
Shachar Avraham's profile image
Shachar Avraham
  • New to Real Estate
  • from New York
  • Member since Apr 10, 2018
Connect
Shachar Avraham
  • New to Real Estate
  • New York
1
Votes |
21
Posts
Buying & Selling Real Estate

How to increase rents with rent control

Shachar Avraham
  • New to Real Estate
  • New York
Posted

Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is the best way to do that given the rent control laws? Are there strategies I could implement to increase the rents and force appreciation on the building?

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