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Updated almost 4 years ago,

Mandi Martinez's profile image
Mandi Martinez's profile image
Mandi Martinez
  • Flipper/Rehabber
  • from Tampa, FL
  • Member since Aug 19, 2018
Connect

User Stats

60
Posts
20
Votes
Mandi Martinez's profile image
Mandi Martinez's profile image
Mandi Martinez
  • Flipper/Rehabber
  • from Tampa, FL
  • Member since Aug 19, 2018
Connect
Mandi Martinez
  • Flipper/Rehabber
  • Tampa, FL
20
Votes |
60
Posts
Multi-Family and Apartment Investing

Looking to purchase a rental, not sure how to raise rent...

Mandi Martinez
  • Flipper/Rehabber
  • Tampa, FL
Posted

Hello all! First let me ask that you don't bite my head off, I'm new to REI. I have done two flips but would like to purchase a multi- family unit. I have found a duplex but it is currently occupied and both tenants are paying way below market for rent.

What is the right way to go about raising the rent to market value? I’d like to know my options before jumping in.

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