We bought a foreclosure about 5 blocks from town center around 5 years ago, and have seen a 200% increase in value on that property.

Im hoping to increase this to at least to a firm $75 per door but preferably $100 per door.  

If so I would send them notice of a substantial rent increase and let them make the decision to move on their own.

We contacted our apartments and they want to increase our rate 30% for every additional day.

I know a friend who’s family owned their house but on leasehold land when it came to “renegotiation” they couldn’t afford the lease rent increase (big increase) and they certainly couldn’t afford to buy the fee simple interest in the land—so they had to just walk away.

I have the same early goal of Kevin of wanting a minimum of $250 cash flow for each unit and then increasing my goals from there.

Keep in mind that some improvements and renovations you have made over the years will likely increase your basis in the property and decrease you capital gains.Make sure you find a CPA who specializes in real estate, rather than someone who works with all industries.

I am sure that in ten years I would be happy with the appreciation and rent increases, but I need to be aggressive as I have limited time to build my monthly cash flow for retirement.

My current provider (Vermont Mutual) just increased my premium by 20%.

Are there any laws there on how much of an increase you can make in rent for the next lease period?