@Abel Curiel  IMO will really depend on where we're at with covid cases, inflation, consumer spending, bond market etc.   

However, in the same time, when interest rate goes up, there tends to be an inflation pressure building up, which may push the rents higher.

I’m newer to real estate investing and this has been a crazy year for inflation, I was wondering how much everyone is raising rents for renewal contracts on their single family units.

I own several large apartment buildings and started purchasing homes in 1972, but  I barely got by until I started investing heavily into multi-unit properties in 2001 and I made $30 million since 2001 doing real estate only part-time while running a construction business with 60 employees.I would tell one of my relatives or friends to look for single family properties where collecting rents can barely keep up with inflation.

Essex is probably the hottest market for fix and flips right now so the prices are VERY inflated on the buy side, on- and off-market.

Build times right now are typically 12-18 months however, with the builder I work for, there is no escalation or inflation clause.

I would imagine it was at least a 9 cap a year or 2 ago before the market started to inflate.

The only thing that is tricky is that a lot of roofers don't really specialize in flat roofs so you just have to get the right roofer who charges you fair prices. 

If the markets you're looking at seem inflated, which a lot are right now, you could throw in property tax disclosure status into the mix. 

With the recent inflation hike, I’ve been asking myself – will it be possible for banks to change the terms of existing fixed rate loans in the future if really high inflation hits (aka hyperinflation).