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Updated over 5 years ago on . Most recent reply

Jay Bob's profile image
Jay Bob's profile image
Jay Bob
  • from New York, NY
  • Member since May 2, 2019
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65
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15
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Jay Bob's profile image
Jay Bob's profile image
Jay Bob
  • from New York, NY
  • Member since May 2, 2019
Connect
Jay Bob
  • New York, NY
15
Votes |
65
Posts
General Landlording & Rental Properties

First deal house hacking

Jay Bob
  • New York, NY
Posted

I just signed a two family property contract. I will be living in one unit. First floor tenant has lease expiring on January 1, 2020 and paying below market rate. How do I go about increasing the rent once I close the property?  The unit needs a little upgrade. Should I upgrade first before I increase the rent? I will appreciate your feedback. Thank you 

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