Leona N.
Renovations without rent increase
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...
Amos M.
Renovate and Increase Rents?
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...
Bob Romano
Should I increase rent?
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...
Raymond Hill
Section 8 Increasing Rents
Hello Everyone,I wanted to ask the BP Community about the process to increase the rents on a unit who has a section 8 voucher. I saw a property and the tenant is getting $900 for a 4 bed 2 bath unit. After doing some ...
Allen Clark
Should I Increase Rent
2 BR / 1.5 Bath 1,100 sq ft renting for $2,750 in Seattle. Current tenants had a six month lease starting Jan 1 and now are month to month. They are in the city from Missouri and will be leaving either in Sept or Dec,...
Joshua Thang
sec 8 Rent Increase
Has anyone tried requesting a sec 8 rental increase but the rate comes in lower than the current rate? Would sec 8 decrease the rent to the calculated fair market value of rent or at worst case scenario remain the sam...
Dan Smith
Rent Increase Issue - Massachusetts
I'm in an interesting dilemma here:Quick backstory: I bought a three family in Massachusetts a little over a month ago. I inherited tenants on the first floor. Before actually closing on the house, I drove out to i...
Jordan Bradberry
Need to increase rents
1. Good evening all- I just purchased my first investment duplex however I’m in a bit of a bind. I need to lease my current condo within one month!
Please give me ideas on how to secure a lease fast any advice helps!...
Bill Zepeda
Rent-Increase Letter Suggestions...
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 ...
Quentin Mitchell
Good Tenant (Rent increase)
I just wanted to know people's opinion on this, if you have a good tenant but their rent is below market value, should you look to increase rent even if it could be pushing them out of the property from an affordabili...