Joe Martella
Rent Increase When Purchasing
Hello Fellow BPers!This is new territory for me. I currently have a property under contract in NJ. It is currently rented at $850 a month on a month-to-month basis. The cashflow is not as high as I would like at $8...
Amber Toussaint
section 8 rental increase
I have had a Section 8 tenant for the last 14 years in Brooklyn. The rent is very low because of the rent restriction for yearly renewals. (3 bedroom - $1965.00). Tenant is now leaving. Question. With the new Sect...
Ian Hutton
First property Rent increase
Hey everyone! My dad and I are going in on our first deal, but need to play with some numbers to make it work. (In Lansing Michigan btw) This Triplex’s utilities are currently paid for by the owner (approx. $500/month...
Matthew Chalfant
Rent price increase question.
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...
Matthew Chalfant
Rent price increase question.
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...
Mark Csongradi
Rent increase notice Missorui
Hi everyone,How far in advance do you have to give a rent increase notice in Missouri? My tenants' current year-to-year lease is about to expire and I will need to adjust the rent to current market rate. How far befor...
Michael Cole
Value Increase of Building
I’ve been renovating a 16 unit apartment in Pittsburgh for the past 6 months and things are going well. I’m renovating individual units (kitchen/bath/flooring/some painting) and I’m able to increase rents $150-$300 pe...
Zoe Lee
property tax increase 50%
Hi all,Just noticed there is a 50% property tax increase for a property we bought early this year. Specifically, it's the "improvements" that doubled from 2018. It's been flat for decades and all of sudden hiked. I no...
Bret Clayborne
SFH rental increase strategy
After initial two year lease how do i determine increase amount for another two years and also a higher amount for a one year option. Great tenant s but taxes went up significantly
Peter Morgan
Insurance premium increased substantialy
Hello,My insurance company first threatened to cancel my home insurance if I don't install auto shut off valve within few weeks. Now after installing the auto-shut off valve they still have substantially increased my...