Is there any good resource on a fair rent increase for beach properties in the Santa Monica area? Any input into how best to determine that appreciated.
I am buying a house with a renter currently in it. He originally was going to move out but now wants to stay for another 5 months. I want to give it to him at his current price for 2 months and then raise the rent ...
Hi all,
We are purchasing our first "apartment complex". It consists of 3 duplexes, 1 triplex and 2 commercial units. Before closing, I would like to have a general idea of how to appropriately go about increasing r...
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 ...
Hi everyone! Do you increase the rent every year after a lease renewal? My tenant in Fredericksburg is renewing and I am not sure what is the average annual increase for rent in VA, since there is no rent control h...
We have an older cash flowing rental house that we've owned for about ten years. The time has come that if we want to keep the house we will need to start fixing it up. We have new tenants moving in August 1st and rea...
Hi BP Members looking for some advice. I just read this great post from Carol Wong: https://www.biggerpockets.com/forums/223/topics/26...I'm sort of in a similar position. I have a duplex (each 2bd 1ba) that is sout...
I have a tenant who is coming up on her 3rd renewal in July. I have not raised her rent in 3 years because she has never been late and I very rarely hear from her. I am thinking of raising her rent 3% to cover the inc...
We just hit 6 months with our first tenant in a 1 year contract. Most likely she will renew.2 questions:1. How do I decide how much to increase rent by? Our rental is in a great location and I want to make more profit...
Ever since becoming a landlord, I have struggled with the concept of rent increases. The short story is I haven't done them. The longer story is that is coming back and biting me in the backside now. Expenses have gon...