But now you are opening yourself up to a possible increase in your rate, as it is adjustable and can go up.

We are always looking to add more amenities and chances to increase our guest's satisfaction at all of our units.

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

As an example, our request for rent increase that was submitted in Sep 2023 has not been processed and may never be processed.

We have a property management company in New Jersey where we make some of our best clients hundreds of thousands of dollars between helping them force appreciation, increase cash flow, finding them deals etc.

- The increasing cost of damage repair and potential mold growth

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

On the RE side - I own/developed 2,000 residential units across the United States focusing on opportunistic residential acquisitions and development, including student housing conversions and luxury multifamily development.On the startup side - it is a third-party guarantor platform that expands your renter pool, increases rents and occupancy, and ultimately boosts your NOI while broadening affordable housing options for renters.

We believe that we are lowering risk, increasing the average expected return, and leaving the upside unchanged.   

For the next billing cycle they increased my charges by $500 and did not notify me of the upcoming charge.