I am preparing a rent increase letter, and figured that I will increase by 3% (currently $1500/mo).
I know large complexes (especially those run by REITs) usually increase by a round number of $100 on a $1500-1600/mo ...
We are new to the community and need some feedback. On the skinny, we brought a cash home in Prentiss, MS 39474 for $20k in July 2023 (3 bd, 1.5 ba, 1 acre). We used the “homeboy remodeling company” and the house stil...
Hi Everyone - Looking for advice!My section 8 tenant at a property of mine in Michigan has stopped paying her water bill, ending up in an outstanding balance of thousands of dollars. My property manager has approached...
Hi,
I'm thinking of buying my first rental property in a low-income neighborhood in Memphis called Frayser (38127). My question is, ASSUMING everything's fine AT THE OUTSET (good management company, no aband...
There has been much discussion about too much growth in Castle Rock and the infrastructure being built is not fast enough to support it. Some residents are trying to recall some Town Council Members because they fast ...
As a Realtor in the Denver market, I track where our markets numbers are on a daily basis. With the rise of rates, home prices have fallen, just like most places. I'm not so curious on where rates will go, because n...
Ohio has some great rent yields but I'm scared of not being able to find tenants in the future if the decades-long population decline continues.I imagine renting gets tougher every year? Or do you guys not notice it?
Enough with the doom and gloom about homeownership. WSJ article below explains why owning a home is a good thing. I agree especially if you know you will live there at least 3+ years ....
1) You ...
Under contract on our first potential property and just got the inspection report back. I feel totally overwhelmed by the list of 100+ things. Which of these would you expect seller repair credits on? Which of the pro...
Hey guys! So My buddy and I were talking yesterday about the corona drama and our rentals. We were talking worst case scenario. He was telling me that he doesn’t make much from his 3 rental properties (3 SFH) and th...