Ryan Heywood
Rapidly rising rents
I have a tenant coming up on the end of their first year, and am having a little difficulty on setting their renewal increase. We leased to them after doing a complete remodel and market was $995 last year. In that ti...
David Schmiediche
How much is a quality tenant worth?
Howdy Bigger Pockets Members!It's coming time to renew leases for some of our units and my business partner and I closed on eight more doors in January on two quadplexes in College Station that had way below market re...
Jawad S.
Rise in 30 year fixed interest Rates
Hello Everyone,
As you all may know, the 30 year fixed has pretty much sky rocketed to 4.75% or so.
Does anyone know if this will cause prices to drop, continue to increase, but at a slower pace, or flat line?
I kn...
Nate Cade
Insurance premiums rising??
Just received some recent updated quotes for insurance premiums for rental properties. Renewal is more than 60 days out, but the numbers are redonkuless. Up 150% from before. Anyone else seeing these rapid increased r...
Rachel Denz
Raising rent on long term tenants in a newly purchased duplex
Hi all, thanks in advance for any help I can get!I'm closing on a duplex that has tenants of 4 and 10 years paying $600 each on month-to-month leases.Tenant 1 has been there 4 years and has taken really good care of t...
Paul M. DeAngelis
Investing into the Laundromat Business
There has been a lot of buzz lately regarding the investment into an interesting asset class - laundromats.I would love to offer some expertise as I have been in the industry for a while and have learned a lot of the ...
Mimi H.
Vancouver, BC rent control / stabilization?
Hi BPers,I'm wondering if anyone here has experience in the Vancouver, BC rental market with long term tenants. Currently, it looks like Vancouver has a rental increase cap of 2.9% annually. Does this get "reset" to m...
Marcus House
Tenant Refuse Rent Increase
I have a tenant that has been renting from me for 32 months (was a 2 year lease) without ever contacting me for maintenance the entire time and on time with rent every month. After realizing their lease was expired f...
Stan F.
?Renew for chronically late tenant?
I am trying to be objective. Long term inherited tenant who is about $150 below market. He is late 6-8 months out of 12 months. He pays with late fee. Yes my late fee is low $35; I plan to address it in the new lease ...
Foster Algier
Florida's Home Sales Continue Growing...Up % Year-Over-Year!!!
More buyers snap up homes before possible interest rate increase Buyers continue to gobble up Florida’s declining single-family home inventory.Here in Orlando, sales of single-family homes increased by 10.6 percent, g...