I have a general question about raising rent. If you have a property that is at " market rent" do you still raise or attempt to raise the rent when renewing a tenants lease?
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*This link comes directly from our calculators, based on information input by the member who posted.WE NEED YOUR ADVICE!! Hi, me and my husband purchased our first home in April 2020 (Bought it for $312,0...
I've been looking at some small multi family homes on the MLS in Chicago and it seems like a lot of the rents on there are below market. I assume that the rents are placed by the seller's agent and are accurate. So I ...
I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent.
I provide a...
The Waterloo region Kitchener and Cambridge more specifically were recently ranked as one of the #1 places to invest in Ontario by the Real Estate Investment Network tied for first with Hamilton! This is due to the co...
Coming to a neighborhood near you."The Los Angeles City Council adopted an ordinance on Tuesday, Feb. 7 requiring landlords to pay relocation assistance to tenants who move out after getting rent increases of 10% or m...
I am new to BP and my goal is to buy value add properties with at least 16 units or more. How do you calculate the cost per unit, what are some things that you look to improve in a value add property and how do you kn...
Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...
I have a tenant that moved in June 15, 2016, and I would like to increase his rent as of July 1, 2017The CPI starting July 1, 2016 was 2%But the new Oakland CPI comes out in July 1, 2017.So 1) Can I increase his rent ...
I need to learn to assess a sale and negotiate a commercial lease, as the owner/lessor. Can y'all tell me what you're seeing right NOW in the market for commercial (office) space leases regarding the annual increase r...