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Well, the market for rentals and sales in San Diego has being hectic for the last few months, the lack of inventory is creating an increase in prices.Now in regards the rental market, with the obligation for the land...
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Hi BP of Boston,
When you consider rent increase, what factors do you base your decision on ? Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ? or do you try to not go ...
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Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
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What is the best way to raise the current rent with a tennant. I have had a couple good years with my current tennents but would really like to increase the rental rate. I dont want to piss them off, but I need to r...
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Hi! I inherited tenants paying 600. For an 800 sq ft 1 bed apartment in an ok area of Philadelphia. I pay water/sewer, trash, public lighting, and gas. I kept that rate for 10 months Its renewal time. I lost 9 grand...
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I have a mortgage on my home through rocket mortgage. I received a letter say my payment is increasing do to the mortgage insurance increasing. Is this legal? I’m assuming it’s because I have a 2.75% interest rate and...
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With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible. For example,...
Hey everyone,
I’m looking for advice on an issue I’m facing with my rental properties. Recently, my property taxes and insurance costs have increased significantly, turning what was once positive cash flow into negat...
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Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
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Rent price increase question. I currently own a duplex with both sides rented. The A-side is renting for 1050 a month and the B side for 1350. The first tenant was there when I lived in the property in 2019. I kept th...