Hi AllSo far our standard lease includes a 3.5% annual rent increase for our 4 unit retail commercial building. This has worked great, but with inflation going up is this a good idea for new lease? A tenant is asking ...
Hello BP community,
As I have good working relationships with most of my tenants, how do I increase their rents without them thinking I am a greedy landlord? On one hand I feel kind of bad raising rents but on the o...
My properties are in Tampa, FL and the market there is pretty crazy right now. I've had these properties for 11 years and have never seen so many people looking for properties to buy and rent.
The rent I'm charging ...
While statewide AB1482 caps rents to the lesser of 5%+CPI or 10% in a 12 month period what happens after the annual lease expires? i.e. the 12 month period is over. Are rent increases still capped for really low rent...
Hey BP,My wife and I recently bought our first investment property as a owner occupied duplex. We moved into one side and the tenants on the other sides lease is up Dec 31 2021. The current rent is about $400/mo lower...
Hi good people. I have a tenant that I inherited when I purchased my current building. She has been in her unit since 2011. There is no lease that was shared with me when I purchased the building. The tenant was grand...
Closed on our MFH in Chelsea, MA this past Monday. We have two sets of inherited tenants and will be occupying this property. The current tenant's leases end on 8/31/21.Unit 1 - 3 bedroom currently under market at $18...
Hi Everyone,My father recently moved in with me and he wants to rent out his house. His kitchen needs a light remodel and at a minimum the cabinets need to be refinished and painted as well as the walls. Im trying to ...
I have a suburban Chicago townhouse that has been rented by the same family (good tenants) for nearly two years at $1625/month (I did not increase their rent the second year). The tenant prior was paying in the $1500s...
Hi, all.
A 5 year lease give a 5 year
option to extend. It states:
Landlord hereby grants to Tenant the
option to extend the term of this lease for an
additional period of five y...