Wade Garrett
First Time Rent Increase
Just did my first rent increase notification to a tenant, from $900 to $1,050. Effective Nov 1. I just bought the place three weeks ago and she was m2m. I could get $1,100 for the place.
Yeesh. Was a tough phone call...
Andres Bernal
Driveway increases cash flow?
Hi guys,
Im planning to build a driveway in my triplex here in Connecticut, there's plenty space and I have all the permits to do it.
Now, the topic it's on how much would you charge per space, or would you include...
Chad Jarrah
Monthly Rental Increase Strategies
Hey all, had a question that's been nagging me and wanted to get some thoughts.I'd like to hear how investors increase monthly rents (residential) to their tenants. Do you have a percentage increase every year built i...
Jason Xue
Increase Commercial Multifamily Value
Currently closing on a 30-unit commercial multifamily building. What are some good ways that you've used to increase the property value? Thanks!
Brad Wood
Washington DC rent increase
I am a new home owner and have an english basement rental with its own CofO. The lease expires in June, therefore I am in a scramble to understand the rules around rent increases. Current rent is $1550 and I would lik...
Patrick Hendley
Increasing rental portfolio quickly.
Hello community,I would like to build a 20 to 30 unit portfolio(multifamily and SFH) in South Carolina. I have Fico currently have 30k on business credit card and I own SFH free and clear worth 40k that currently bei...
Brandon Allenczy
Increase Airbnb Cash Flow
Hello Everyone:My wife and I just moved to a different part of the state and turned our single family home into our first STR using Airbnb. It's been going OK so far; we've had to put money into it for August and will...
Ron West
Lender Increased Seasoning Period
Hey everyone!I purchased my first property 2 months ago. Things have been going great so far. The tenant was already in place, rent was at market price and with zero rehab I have 50% equity. This property was purchase...
Elle Green
Ever Increasing Water Bill
I'm in a townhome in that's connected to 3 additional units (apartment below and townhome to right and apartment below). Each month the water bill has increased with this month showing more than 10, 000 gallons of wat...
Account Closed
Tax increase and multifamily
So the current appraised value of a property I'm in contract in is 1.8mm but my offering is 2.5mm. If I buy the LLC ill have to use the current depreciation schedule costing me thousands a year and in recapture taxes,...