You can refinance sooner than that but you'll need to paper trail all of the improvement costs that lead to the increase in value.

As a result, you might end up increasing your taxes by delaying income and accelerating deductions.Did I miss something?

It's based on the purchase price and will not include any improvements, reno, or increase in value since the purchase.

Their taxes have increased dramatically over the past 4 years, 150-200% increase across the board.

They tell you to request to market, but there is a max allowable increase which is a joke.

Hi @Joy McQueary - you can find a breakdown of rental rate increases by state online, and here's where to find a list of the hottest multi-family markets.

I figured the minimum increase to list in auction from the year before would have been enough.

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

However, I’m increasingly excited about starting a unique stays/glamping business.

He demands the rent increase to $3,200 but you refuse to pay it.