What's your take? Deal or no dealOpen for suggestions7 + 8 year lease =15 yrs1st 7yrs @ 4% annual increaseYear 8 increase to 9% Remaining 7yrs @ 4% increases. L
Hello everyone,I had my first claim through my insurance company (AAA) for my rental property. This involved replacing the flooring downstairs. I was given about $8K for the damage to the flooring, wall, baseboard, et...
Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
In a recent interview done by NPRs Audrey McGlinchy she spoke with Elisa Regulski, who is a local home renter in Austin. In the interview Elisa says that in order to lock down a lease on a new house she had to sign a ...
Good day,So my mother in-law owns a duplex in Cape Coral, Fl. She lives in one side and rents out the other. The place is paid off. She has been renting out the other side of the house to the same tenants for 6 years ...
Hi all,I just read an article indicating that out of the 40 counties in America with more than 1 million residents, there are only 3 in which it is still cheaper to purchase a home rather than rent. One of which is Cu...
Does anyone initiate the "Annual Rent Increase" in their lease contracts, where you use a percentage factor to increase your rents on an annual basis, even if you have some one sign a multi-year lease.
Hello everyone, I’m currently a real estate agent and recently started my own property management company called Home Remedies Property Management and Real Estate Service in the Denver Metro Area. I manage my own rent...
As a landlord, it's very important for me to keep residents as long as I can for obvious reasons. I increase rent annually with renewal but provide an anniversary gift to them upon renewal. This year, rent increases f...
Questions: How often should I go up by $150? Every 2 or 3 months sufficient (like December 2023 or January 2024)
Does anyone have any other recs on how you would approach rent increase in this situation?Back story be...