Hello everyone,I own 6 rental units in the city of Los Angeles and am new to this "rent freeze" topic.Given that Los Angeles is rent-controlled, does anyone know the following:Once the rent freeze is removed, will the...
Hi gang,I'm reviewing some of my underwriting spreadsheets, and I'd love your opinion on this:When you're projecting income and expenses into the future, how do you calculate the growth of capex? Do you base its growt...
Hi folks,
I think it is suboptimal that we price our rentals in a currency that continues to lose a lot of its value. I'm sure that approaching your tenants to tell them that their rent is going up is highly unpleasa...
I purchased a few rentals in the past few years. Have had minimal issues with late rent but it seems to be happening more frequently. As inflation has continued... have others been experiencing this with tenants? How ...
Through a variety of research I've been performing, I've come to find most people say the given average for a home's inflation, on an annual basis, is about 2% per year. Roughly the same goes for rent according to man...
Just looking for some feedback on rules of thumb for annual rent increases. Is 2-3% fair?
Looks like I'll be hiking rent bigly in a few months when the lease is up.How's renter demand in your area? Still high, even with rent hikes?The math still works out. I might lose $600 vacancy, but net $2000 extra on ...
Insane right but when you unpack the numbers it makes sense. Take the Valley for instance with 1.8 mil residents...they built only 980 rental units. I have heard LA lagged behind SF, outside of an earthquake or disast...
Hello,
What is a good and (if possible) kind way to communicate to tenants that if they were to renew the lease, the rent will be increased at the legally allowed rate, which in this case is 10%?They are currently in...