Christopher DeAraujo
Approach on a rent increase
First timer here! take it easy on me.
I have 4 tenants paying well below fair market rent. Current rents are 1300/1100/1100/1150. Fair market is 1800. My state laws do not put a limit on increase amount or frequen...
Kevin Andujar
Increasing rent in New Jersey
Hello everyone. Took over two rental properties from my father and I want to make some changes to better organize myself. In one property there are two units, both occupied. Both tenants have been there for quite so...
Renee R.
Rent increase on bad tenants
Since I only have two years of REI under my belt, this is more of a check in to see if I’m going down the right path here and if there’s anything else I could be doing.I have trouble tenants that I inherited and their...
Victoria S.
D.C. Rent Control Basis Increases
Anyone out there know a detail? I know rent control in the District quite well. When filing for a rent increase tenant gets notified along with the DCRA. The advantage being of course that the new basis for that apart...
Jonathan Santana
Increasing rent on new property
Greetings BP!We are in the process of acquiring a four-plex through an FHA loan and will be house hacking the property. After assessing the market through the MLS with both properties that are up for rent and that hav...
Ramki D.
Annual rent increase - south natamos
How much rent can be increased legally on a SF? I have done some research and found out 5% + CPI (1%)=6%. Is my understanding correct? Thanks in advance
Shelly Scruggs
Rent Increase on Rental Renewals
Hellow BP, I would like to know if there are no rent increase laws in my state, how do I calculate percentage increase.?Thanks.
Alex Craig
Markets with Biggest Rent Increases
I thought I would share this with the BP Community as it lists markets that have the largest rent increases from Q4 2015 to Q4 2015. Any on here surprise you? What surprised me that 1/2 of the markets where relatively...
Kevin K.
Renovation and increasing rents legalities
I know someone that have just undergone a on a 3-flat in an increasing value area in Chicago. 2 of the units are already rented out, and the 3rd is owner occupied. Their plan is to live in the garden unit, and renov...
Cassidy Burns
Inheriting Tenants and increasing rents
Hi BP,I have been running into this question a lot as it seems that the location I am investing in most leases are month to month. This particular duplex I am looking to purchase is fully occupied collecting rents at...