Sol G.
What's a fair amount to raise rent?
Hi everyone,
We purchased a property in New Jersey a few months ago, with the rents very below market.
Now we're ready to raise the rent, and my question is, how much is it fair to raise at once? We're not going to ...
Lokesh W.
Disadvantages of Reducing the City Assessment?
Good Morning,
My properties’ city assessments (Milwaukee, WI) are increasing and I guess this will be followed by an increase in tax. This includes my primary residence. I don’t plan on selling them anytime...
Taylor Witt
Purchasing an apartment
Hello BP Friends,There is a 12 unit apartment that I came across which is really nice. The current owner has owned the property for a little under a year and has updated the entire interior with new carpeting through...
Sophia Oberlander
What is a smart cash flow investment
I plan on selling a condo in San Diego and doing a 1031 exchange (planning in the next 4-6 months). I am looking at single family (option with turn key) and multi family. The question is what and where. With the inter...
Gregory Schwartz
Adding a duplex to the portfolio
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $210,000
Cash invested: $56,500
Purchased this house this December for 210k (immediately appraised for 228k)...
Lucas Villanueva
Inheriting Month to Month Renters
Hi Bigger Pockets community! I'm going to be inheriting month to month renters. My goal is to rehab each unit and charge more per rent. They are currently paying $75 below market price for that same type of unit/locat...
Saim Chaudhry
Implementing RUBS and below market rents
Hi all Doing some numbers on a deal and I have a few questions. The property I am looking at is 100% occupied, Class C 1970's construction. There is no RUBS in place, and rents are below market about $100-150. Afte...
Ben Rodriguez
Help me analyze this deal!
There is an 11 unit apartment complex for sale in my area that I believe has some value-add opportunities. However, this would be my first foray into a commercial multi-unit. I do have some experience with rentals a...
Javier Rosales
Legally, how much can I raise the rent on a tenent?
Hi BP, am planning on doing a shower remodel, to attend to my tenants needs. I was thing of raising the rent after the remodel is done. How much can I raise it?
Eric Carr
So the feds raised the benchmark rate yesterday
I wasn't sure if they would hold off or not but they have raised the benchmark rates .25%. There are raises planned for next year but those might be softer - we will seeAnd just as I thought, there was a knee jerk rea...