I am currently working on building a 480sqft 1 bedroom, 1 bathroom unit in the backyard of a rental property. Initially my goal was to have a loft with an extra bed in the unit to be more attractive for short term ren...
Increasing cash flow from your properties is essential for maximizing the returns on your real estate investment. Here are some ways to increase cash flow from your properties:
1.Raise rent: Regularly reviewing and i...
Hi all:I was hoping to raise the rent on my income property but I have never done so previously. Tenant has been there almost 2 years. I was wondering what is the maximum I can raise the rent on a month-to-month agr...
We are purchasing a 2BR/2BA single family rental in Las Vegas from my family. The current tenant has lived in the house for about 7 years now and have been on a month-to-month agreement since 2012. My family has inc...
In today's Episode of the BiggerPockets Money Podcast (BiggerPockets Money Show 230) we talk to Lisa about raising rents on existing tenants.Do you raise rents annually, and potentially lose a great tenant or do you k...
Hello BP fam,I am recently in the process of closing on an out-of-state turnkey property in the Cleveland, Ohio area and am already dreaming of the next one. I have been doing a lot of reading and research and am temp...
I have a townhome which I have had a tenant in for about 6 years. She is a retired lady on a fixed income and when she got into the house the rent was $1400. The rents in the area have climbed pretty rapidly over th...
So I have bought my first 5 plex. And I would like some inspiration on how to improve cash flow. I will, however, try to make the thread as wide as possible, so that many people might find things that they can use. Th...
Hi there everyone!
Do mortgages with escrow built in just increase randomly? Is it due to increased taxes?
My wife and I had our mortgage increase by quite a bit this month, due to unanticipated escrow increases. I ...
Currently in escrow on a 4 unit in Ohio. Tenants are long-term, and rents have not been changed in about 5 years. The owner pays for gas and water. There is a 60-day notice required on any lease changes. Most of the m...