I just acquired a rental with an existing tenant in one side of the duplex so after trying to offer her a new lease at current market rate and giving her gradual increases of $150/month instead of going straight to $1...

Hi all, I have a pending offer on a duplex in an A neighborhood area with good rents, that I will be house hacking. There is a long term tenant since 2006 who is now month to month and pays well under market rate. Wha...

Hey BP, I currently have a house that I rent out but would like to remove the current tenants, renovate the basement (by adding a bedroom) to re-rent the house at a higher price. This is my first time doing this, any ...

How do I go about increasing the rent on my new tenants? I’m closing in October and their lease will need to be renewed December 1st. Do I just write up the contract with the new monthly rent amount or have a verbal c...

Hello BP Family,
I am closing on my first multi shortly, the rents in Woonsocket are as follows 1st Unit 2 bed 2 bath $895. 2nd Unit 3 bed 1 bath $995. 3rd Unit 3 bed and 1 bath $720. The 3rd unit needs to be updated...

Hi. We signed the first contract with tenants for $1650 and 3 students for a 2 bed /2baths property, and $1650 for security deposit. One of tenants asked me if they have one more tenant shortly after 2weeks. After som...

Im trying to increase the rents of the tenants living in my multi-family. The rents are $300 under market. I just bought my first multi-family and am new to real estate. I was wondering...how do I go about increasing ...

I have a townhouse for rent. It was built in 1989. It has new carpets for the 2 bedrooms and new laminated hardwood floor for the living and dining room areas. The kitchen is pretty much outdated. If I replace the upd...

How much do you typically increase rent per year? Is it different in a hot market vs. a slow market? Please share what market you invest in.

Hello, I am looking for examples of your rent increase clauses in your lease when signing with a new tenant. Thanks in advance!