What if you could add $200 / month in NOI (a 30-100 bps boost in cap rate depending on the asset value) without raising base rent?

Hey Everyone,I own a duplex in San Pedro, California, and I’m trying to confirm how much I can legally raise the rent.

That would raise suspicion to me that they are not paying their appropriate taxes but I would check with your CPA about it.Using your money without consent, that is also a problem but that maybe part of something you signed.Frankly it isn't that much of a hassle once you get rolling.

Rent increases might have been tough, will be interesting to hear of your success here about raising rents.   

It would be hard to raise the rent a ton on existing tenants especially if they are close to market rates. 

Nothing crazy, but a good starting point for me to test things out and see how it goes 

You’ve recognized you need outside help raising capital.  

I am a local Cleveland agent (born & raised) & work with one of the top PM's here.

I get the new bill and Safeco raised it to 6k ..

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