A simple explanation might be that rents have increased to offset higher mortgage costs, but what about property owners who locked in rates below 4%—or even 3%?

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

Do you see any new rental property up in the market has increased rent since L.A. fire issue?

So if there are any issues, I'll see those upfront and can adjust my plan as needed.He has already mentioned he's ok with me removing the tenant or raising prices if necessary.See my other comment regarding Deal Calculator change and maybe presenting an schedule rent increase option for the current tenant.

Strategic pricing and market positioning were key factors in increasing the property’s value.

Pricelabs aided in all my properties (except one I stayed in for a week last month) increase revenue last month (Jan 2025) as much as 27% over Jan 2024.

Where I got into my first big learning curve was when I bought my 8 unit, both in the increase in number of tenants and because it was a fixer upper with inherited tenants that had also been neglected and mismanaged for years.

The question that you need to ask is what is the 10% increase that is allowed based on? 

All they see is a 10% increase on a weekend, or month over month, and they call it price gouging.  

I've had a couple of friends moving from Appfolio to Rentvine, seems like Rentvine is getting much more popular.