I purchased my first rental property (duplex) not too long ago. The previous owner was charging very low rent on one side. The other side was vacant (cash for keys). I spent a substantial amount of money renovating th...
I have a tenant that has been renting from me for 32 months (was a 2 year lease) without ever contacting me for maintenance the entire time and on time with rent every month. After realizing their lease was expired f...
Hey i bought some rentals who already have section 8 tenants in them. I️ have noticed the rent is lower than normal and should be increased based on bedrooms etc.
Section 8 sent me a form to complete and told me to ...
Do you see any new rental property up in the market has increased rent since L.A. fire issue?
Hi everyone. We just purchased a value add 6-unit in North Hollywood (CA). It is a rent control property. Currently the rents are way below the market rent and the existing tenants don't want to leave at all. We have ...
Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
I am looking into buying a 4-plex that has existing tenants in 3 units ( I plan to owner occupy unit 4). All of the occupied units are at $600 per month, but market rent should be $800 to $850.What strategy can be use...
Question to the BP Network-
With the steep increase in rents in the marketplace. Is anyone seeing adjustments to Property Management fee percentages? What is fair? At what volume should a discount be discussed? 10...
About to start renting our current home after our new home is built. We've determined that for our 4 bedroom, 2 bath house we can get around $1500 in rent in our area. We've had some college girls, referred by our b...
So I have had an amazing family as my tenant for the last two years. When I posted the house to rent it out, they were the first to want to get on and I was going to charge them $1700/ month but I gave them the option...