Stay safe and healthy!

The prices for assets are going to reset and we will be buying a lot of deals.Most importantly, Stay Safe & Healthy out there.

I'm thinking a $250 increase is a reasonable middle ground; however, I came across this statement in my town's code:At the expiration of a lease or at the termination of a lease of a periodic tenant, no landlord may request or receive a percentage increase in rent which is greater than the percentage increase in the consumer price index for the past calendar year prior to the termination of the lease.How exactly can I figure out what's allowable for this rent increase?

@Alina TrigubGreat point , I’ve been driving around and writing address of properties to contact but it is a time consuming job and having a stream of brokers present you good deals may be a better strategy but you do have a great point as well , and your right , patience is key .

Please stay safe and healthy for now.

As mentioned, I have a background in real estate that gives me at least a basic understanding and appreciation of the home loan process (and various related considerations, including consumer credit).The specific questions I have at this time are these:1.

It's worth it, but it's usually not easy and time consuming.

Cities/states can (and sometimes do) revise their eviction statutes to make it more difficult, time-consuming or expensive to evict.

I suspect when the quarantine ends and the held-back housing supply hits the market we'll see a dip in prices in the 2 to 4 months after that time... though there are a lot of factors that come into play that will dictate the actual outcome. (...consumer confidence, interest rates, local job growth, net population growth/loss, government restrictions, savings depletion, stock market growth, etc).

Hope everyone is healthy and strong!