Purchasing in the path of progress is much more effective than purchasing in A/B+ neighborhoods with good schools.

Hello again, BP.So, I have not raised my rents in roughly three years, but really feel the need to increase rental prices now after looking around.Currently at $1,245 for a 2 bed 1.5 bath 1060 sq ft flat in a B+ to A- location.Should I offer the increased price of $1,445 to the current tenant or remove them for minor renovations before renting back out?

My suggestion keep it simple, try to keep it impersonal, and do not give any A/B options.

We strictly do studios and 1bds in A/B class locations though.

I'm planning a move to Florida and I'm trying to figure out if there's any cities I could pick up a side by side fixer duplex for ~140k (or ideally less) in a B to C neighborhood. 

I'm planning a move to Florida and I'm trying to figure out if there's any cities I could pick up a side by side fixer duplex for ~140k (or ideally less) in a B to C neighborhood.

And in my experience if this is a C/D area, your tenant base is more likely to be much harder on the property than an A/B area or tenant base, so your turn over costs could be higher.

Hi BP,I'm looking to purchase a 2-4 unit owner occupied property in an A/B neighborhood in the capital region of Upstate NY.

Lower income / class c/d will almost always pay later then a/b because the tenants are often late so no point paying out early. 

However in my findings and talking with attorneys AB 1482 clearly allows for the owner to serve just cause termination with owner intent to occupy. section (e)(8) is a little confusing reguarding the ownership of the property not being held in a LLC or trust, but as I do not have a LLC it looks like I am able to serve notice to one of the units and move into it which I plan to do.  60 day notice and relocation assistance equal to one months rent.