Freddy T.
Should I raise rent drastically or raise it in small quantities over time?
Hello all,So I have a Duplex property in a rough part of town. Originally I rented out my top unit in 2020 (3 bedrooms and 1 Bath) for $775.00. I didn't go too high because the area isn't all that great so I thought i...
Manuel Angeles
Market Report: Hospitality in Los Angeles County, CA as of July 1, 2024
Market OverviewThe Los Angeles hospitality market showed strong recovery and growth in Q1 2024, with key performance indicators demonstrating significant improvement from the previous year. The average daily rate (A...
PJ Boxel
First Deal - Highest CoC ROI possible
Fellow Real Estate Investors,Down here I want to layout my first deal. This deal takes place in Spain (However, I am not able to select that location). I am originally from the Netherlands. I started my Real Estate in...
Tommy DeSalvo
Ohio four plex multifamily - What numbers to use
And I'm back to the forums with another deal. This time it's an off market 4plex. The owner is an older gentleman that is trying to sell off his properties and retire peacefully. He hasn't raised rents in well over 10...
Christopher Henning
Raising Rent?
Ok so we are looking at a property where the current rent being charged is $325 per month. The going average for the area is $500-$550. Without using a property manager, purchase the property we would want to raise ...
Account Closed
Loan Modification Rate Increase Question
Let me start with "I'm a newbie."I've started hearing a little bit about rate increases for homeowners who used the government's Home Affordable Modification Program (HAMP) loan modifications beginning in 2009 (5 year...
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!...
JD Mims
Raising rent on first purchase
Hi all! I am working on my first investment property purchase and looking for some advice from those who have traveled before. Buying a home in Ohio, current renter pays $1000 per month and wants to stay.
I want t...
Felix Renaud
What to do with inherited tenants?
Hi everyone!I am buying my first investment property in the next months and the duplex is fully rented. I have talked with the tenants and they seem like good minded people. Do you guys have any tips on how to manage ...
Scott Hasselbach
National $15 Minimum Wage
Next week a new administration takes over the White House. The Biden administration has announced they plan to put a national $15 minimum wage in place. This will almost double the income of most of middle America whe...