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Hi BP Community,I am a new landlord and I need hep!I purchased my first fourplex about 3 months ago. I inherited one long-standing tenant who was (and still is) paying well under market rent - probably $250 under mark...
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Hello everyone, I would like to ask you for advice about this puzzling situation. I inherited tenants on a yearly lease who always paid on time and keep their apartment spotless. Only, their rent is extremely low beca...
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I planning to have backyard installed in new construction SFH.
I read this cannot be added to the cost basis of the rental property and be depreciated by 27.5 years since it is not an improvement to the property.
Bu...
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I inherited tenants from my first purchase and their leases will expire in a few months. I've sent them notices of rent increase for when their leases expire and requests to sign into new leases. I'm wondering, if the...
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A lawyer (family member) who works in personal injury once told me that one of the first things a lawyer will do when you come to them with a personal injury case is to look into the kind of insurance/assets the poten...
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Hi All,How to add ADU to increase income. How much it cost. What kind of permission i have to get from county. How much rent i can generate and when I can break even for the cost i pay for ADU. Please advise.Thanks,
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I don't think I know the answer to this question. SOmeone help me out: if you assume that you can raise rents 3% a year on your projection, should you be assuming that a) you will see 1-10% increases in insurance, ...
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When my tenant's 1 year lease expires, I gave that tenant the option to re-new it with another 1 year lease at a higher rent.But, the tenant wants to use part of their security deposit to pay for that rent increase. W...
I own a single- family home in Corpus Christi, TX. The taxes & Insurance ( combined) have gone up $200 a month since the lease was signed. I don't think the market would bear a $200 increase in rent ( when lease g...
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All,I'm interested to hear any strategies or methods you use to increase revenue. I work for a local investor, and we are brainstorming ways to increase cash flow and revenue in his student housing properties.We are o...