Hi Everyone,
I read some news regarding on the property tax increase in Chicago. How do you think the trend of the property tax for multifamily? My current property tax rate is about 2% of the assessed value. Since p...
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
I have read that in an environment of rising rates, this would negatively impact CRE valuation. Can someone walk me through this? Also I would love to hear peoples opinions on this.
Hi, is anyone else's insurance doubling from 2022 rates. This is happening on all my properties as I go to renew. What's happening in the insurance industry to cause this?
Does anyone know how to raise rent? Is there a specific guideline to follow? One of our tenants is coming up on a one year lease. This is our first rental and we want to know the best way to take this approach.
Hello,My HOA recently increased their fee due to the inclusion of internet service. How do I incorporate the new fee (approx 70 dollars for the internet) into my calculations? Can I increase the rent or do I need to e...
TL;DR: Recent article suggests rent hikes aren't just about landlord greed - rising costs across the board are a major factor.
Just read an eye-opening article about the recent rent crisis. It challenged my assumpti...
If there is one ... I have some SFH and never sure how much to increase each year a new lease goes out . Ideas? Thanks.
Hi all. Last year I purchased my first rental (BRRRR) for $115,000, and put around $30,000 into repairs. It appraised for last month at $220,000 in which I was able to do a cash-out refi and pull almost $30k back out....
Hello BP community!I have read many articles and have even noticed as an agent the slowdown in rentals these past few months. I have very solid tenants and I always increase rents in my properties. Granted, I am very ...