Nicholas Foy
Buy now or wait.
Hi everyone,
I own a single family rental in Seguin, TX and I’m looking to keep adding more rental properties. I am interested in single family and multi-unit properties. I currently have 45k in cash and I save a...
Bill E.
Raising rent every year
I have a general question about raising rent. If you have a property that is at " market rent" do you still raise or attempt to raise the rent when renewing a tenants lease?
Lucas Duce
Fourplex Insurance Estimate?
Hey BP community,I have a quick question on insurance prices. I was wondering how much I can expect to pay for insurance on a $220K fourplex. I understand that a lot goes into quoting an insurance cost, but I am jus...
Rich Weese
What occupancy rate before rent increase is needed?
As many of you know, I bought 154 units in Garland TX. We've changed the marketing and now are down from 19 to 3 vacancies, or 2%. Any one have stats as to occupancy levels in Dallas area, and rates per square foot?...
Marcus House
Tenant Refuse Rent Increase
I have a tenant that has been renting from me for 32 months (was a 2 year lease) without ever contacting me for maintenance the entire time and on time with rent every month. After realizing their lease was expired f...
Evan Ross
Managing rent increases
Hi all - I own and manage three duplexes in the Boston area (Medford). I have been cautious about raising rents as I try to maintain goodwill with the tenants. It's been less of an issue with my first two properties w...
Marisa R.
Build Costs and Riding Boom Cycles
I am a fan of buying in markets that are rising, easiest way to make money. One indicator to watch for is building costs rising.For example when I was buying in Atlanta in 2011 building costs were $18 per sq foot, tod...
Mike Gordon
How often do you raise rent?
I own a couple of SFR and I haven't consistently raised rent the last few years. I've readjusted the rents to just under market while vacant. Both are in relatively strong rental markets (Los Angeles, Tucson). As a la...
Account Closed
NREIG
Hi everyone,
Considering switching to National real estate insurance group. I like the ability to be able to have the policies in one place grouped together. I noticed a few threads on here complaining about reasonab...
Deonte Hill
Condo BRRR - Worth the effort?
Hello all,
I am a new investor thinking of purchasing a condo as it's the most my cash on hand can purchase. In your experience, has condos gained much equity after updating the kitchen and bathroom? This won't be a ...