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 ...
Jeni Nikolova
How do you communicate rent increase to tenants
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...
Marc Bresseau
Raising Rent
Hello everyone,
I need some advice. I have a rental with amazing tenants but it's time to raise the rent a little. We were thinking about $20-30. My question is how to convey this to the tenants without alienating th...
Matthew Cope
Insurance Rate Increase by 20%
I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...
Jennifer S.
Insurance premiums going up?
I own two rental properties - one in which I'm househacking and the other I completely rent out. My insurance company, up until recently, was USAA. I've never had an issue with them, and thought they offered decent ra...
Henry Clark
Self storage- Political impact November 2024
Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
Justin C.
Tax question regarding receipt filing and record keeping best practices
Hi BP, I have 2 rentals that were acquired over the last 6 months... Property #1 closed Dec 2014 and was officially on the market May 1st 2015. My tenant just moved in. Property #2 closed mid Feb 2015 and should be...
Corey Dutton
Borrowers Don’t Grasp Relationship Between the Cost of Money and
Loan borrowers in need of fast loan fundings when purchasing investment real estate, often seek out private money lenders. This is because banks are simply unable to perform under the tight funding deadlines that are ...
Vance Sander
Raising Rent vs Losing Tenants - Advice on avoiding fear pls
Hi -I have an upper end condo in Los Angeles that rents towards the top of the market. I'm always concerned about raising the rent as the transaction costs in time & money are severe to lose the tenants - since i...
Dax Nollenberger
Down Payment, The Great Mortgage Equalizer
Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...