Josh Farmer
Need to Raise Rent, But How?
So I'm struggling and hopefully I can get some help....
Here is my situation - I closed on a tenant occupied SFH back in April in an up and coming part of town - no tenant contract in place. I was initially concerned...
James Kendall
Do you find value in this?
Hi all,I'm working on offering a free report to commercial real estate investors and multifamily property owners as a way to build my authority, credibility, and expertise in my local community, and I'd like do get yo...
Benjamin Dutil
Security Deposits and Last Month's Rent
I'm getting ready to close on 2 duplexes that already have long-term tenants in place. I know that the deposits and last month's rents will be paid to me at closing however they are currently under market rents and I ...
George Cocokios
how much to raise rent
Have a rental property in Phoenix metro area. Rents have risen quite a bit in the past 3 years and i have not increased their rent but am considering raising it when it comes up for renewal this spring. How much sho...
Chris Bingham
Inherited problem tenants
How would you handle an inherited Prima Donna tenant? I'm under contract to buy a duplex. I just stopped by to show a future potential tenant the other unit that is vacant. This tenant stepped out and freaked out that...
Randall Kates
Do You Raise Rents Every Year? Why Or Why Not
I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
Jonathan M Peters
YOUR OPINION: Best way to get rental adds on a single family unit
I am currently renting a single family home and the new school bond has made my profit disappear. I have been thinking of adding a pole building garage so that I can justify a large increase of rent. Issue is the fami...
Christopher James
Economy is solidly advancing
I read a recent article by one of the very best Economist in the Real Estate Business that anticipated growth of 4 to 5 percent occurred in the second quarter. GDP will exceed 3% for the first time since 2005 and unem...
Eric Thompson
Super long term tenant with way below market rent. What would you do?
My younger brother and I are co-owners of a duplex that we inherited with a very long term tenant in one unit (18 years).The market rate for the unit is about $900, and she pays $675. She is a borderline hoarder and I...
Joey Andres
Attitude/Personality Needed For Rent Increase
Hello,
I have scoured the forums for rent increase posts. Most of them focus on how much to increase and what not. Owning multiple types of multi-family rentals (Class C and B for now), I have a good grasp of the val...