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I just acquired my first property and will be needing to change the rent. The property is currently occupied for $695 a month, but as a 1,280 sq ft 3 bedroom 1 bath unit, all the comps in the area are at $950 for the ...
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All,I am a licensed Realtor in Hawaii and California. I have been in real estate since the early 2000's. For the past ten years, however, I have been working in the solar industry, initially in residential but the pa...
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Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
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Hi Everyone,I am currently undercontract for a duplex in Austin, Texas. I plan to live in one unit and the other is already rented out.I have a few questions as to what I should get done sooner than later.1)) Do I nee...
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Hello,I am asking this question for a friend that is a landlord.If you had a tenant that lived in Hudson County in a nice brownstone that hasn't had a rent increase in 6 years...is a 15% increase considered an "uncons...
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In recent months, I have been taking steps to improve my credit score. That being said, I still have a high interest rate on my one credit card. Is there any strategies on how to get the credit card company to lower t...
Just curious what others are doing on rent increases. I am in Central Florida where rents for single family houses have gone up around 30%
Last year rent was 1650 on my rental. Comps are 2100 now. But for tenants tha...
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Hi everyone,Was just hoping someone could look at the sheet below and provide me some feedback. Am I missing anything? Because it seems like it's impossible to find a good deal in my area. I am trying to find a fixer-...
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Hello all,I am in negotiation with a small business tenant (beauty sector) of a commercial retail property we bought last year. The property has several suites, tenant leases 1,200sf, initial lease term comes to an en...
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I'm starting up a wireless internet provider company and I'm thinking about partnering with building owners to get access to their facilities and tenants.The idea is that the building owner is in a great position to h...