Chris Purcell
Do you raise rent on good tenants?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...
Eric Fernwood
Las Vegas Homes More Affordable to Rent Than to Buy
According to data from ATTOM Data Solutions, Las Vegas home prices crossed the point in the last few years where it is more affordable to rent than to buy. This means that the demand for good rental properties will in...
James Hornbeck
Question about the BRRRR Method
Hey Everyone, I am new to BiggerPockets and have been reading a lot about the BRRRR Strategy. I have a question about the refinance part, and could not find the answer on other posts. My question is if I purchase a ...
Sam A.
At What Rate do Operating Expenses Increase Annually in Ontario?
Rent increases at a rate of 1.6% per year. To calculate total accumulated cashflow, I calculate: income (+1.6% annually) - operating expenses (changing over time) - mortgage payments (constant). At what rate do operat...
John Blanton
RUBS/ Utility bill back actually increase NOI?
When looking at the opportunity to increase NOI through decreasing expenses the ability to bill back water/ utilities to the tenants clearly looks like a winning proposition. In many of the C+/B- areas I am looking fo...
Jeff Penovich
Has Anyone Noticed a Surge in HOI?
Recently we've seen a dramatic increase in our rentals HOI premiums. We're wondering if anyone else has noticed a similar increase. For example one property went from $829 to $1575 (one roof claim were the roof was re...
Sam Faas
Insurance increases and what are you doing to cope?
It’s 2024, and I received renewal notices on 2 SFH properties with a 33% and 28% increase respectively, without any claims over the life of the policy period. This is after a double digit percentage increase last yea...
James Syed
6 Unit Apartment Building, Is it a good deal?
Hello BP, I am interested in buying this 6 unit apartment building. 6 Unit Building, Each unit is 2 bedroom 1 bath, 725 sqftTotal rent $3400 per monthTaxes $459Insurance $250Repair & Maintenance $300Cap Ex $150Vac...
Jasper Li
Rehab Strategy Advice Need
Hi BP community,I am trying to figure out the direction I want to go with the rehab of my duplex. I can create an open floor plan by changing a bedroom into the kitchen and kitchen into a bedroom. Is it worth it? Open...
Marc Zak
Cost burden of appreciation
In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual...