Ever since becoming a landlord, I have struggled with the concept of rent increases. The short story is I haven't done them. The longer story is that is coming back and biting me in the backside now. Expenses have gon...
I want to thank all those that reached out to help me with the commercial lending suggestions. I just got word yesterday I am approved through a local community lender.
Thanks,
All!!
When viewing property tax history on Zillow, I frequently see these huge jumps in property taxes from year to year, sometimes 100% increases (see attached example). Sometimes these are rehabbed houses, but many times ...
Hello, I am new to this form. I’ve been a landlord for the last 5 years. Last July (2022) I switched over to TurboTenant and paid a yearly fee of $59. Today I realized that it’s set to renew for $99 for next year when...
I’m having some anxiety over an issue I’m having with my tenant. I own a two family house. I live on the first floor and I have a tenant on the 2nd floor. In June 2018 a retired cop moved in. During the interview we t...
Hi All,
When purchasing a multi with existing tenants paying below market rents, how do you go about increasing rents? Do you provide some sort of incentive?
What happens if a tenant doesn’t want to accept your ren...
Who was born before 2008 and remembers the negative housing market and gas crisis and recession? I'm fearing history may repeat itself. What are some good tips from those who survived the early 2000s housing crisis?
I have 3 rental properties in Chicago. I find that I’m only increasing rents when I have a turn (every 2-3 years). I’m debating if I should implement rent increases for current tenants during lease renewal, even if it...
I'm increasing the rent on a rental my tenant would be staying in for one year in April 26 2015. I'm interested in hand delivering the letter having him sign my copy (indicates it was received 30 days in advance.) The...
Hello all,They say the definition of insanity is expecting different results by doing the same thing. I am not happy with the results I am getting from my current method, so I'm looking for some ideas. Here's my cur...