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Have Empathy for your Landlord. We all get it...receiving news of a rent increase can be frustrating for a tenant who's balancing their own financial responsibilities. However, Landlords face even greater cost pressur...
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Closing Date: 10/5/2018Rehab period: 10/15/2018- Jan 31, 20194 unit rental property which will be held as long term rental propertyPurchase price: $79,000 using a commercial 5 yr loan amortized over 25 years w/ 15% do...
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I’ve been renovating a 16 unit apartment in Pittsburgh for the past 6 months and things are going well. I’m renovating individual units (kitchen/bath/flooring/some painting) and I’m able to increase rents $150-$300 pe...
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Hi everyone! Do you increase the rent every year after a lease renewal? My tenant in Fredericksburg is renewing and I am not sure what is the average annual increase for rent in VA, since there is no rent control h...
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Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants...
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I have just purchased my first rental property (2 bedroom 1.5 bath) townhouse. I have tenants currently living in the property and paying rent. The condition of the property is fairly good, however I want to make a ...
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The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...
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Any information regarding annual rent increases, and if/how to increase rent from the start. How they generally go.
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We have great tenants, they've been with us for almost a year now. This property is located in Sacramento, its 5 min south of downtown in a great area. They haven't missed a payment and they keep the property in great...
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How much value can building a garage add to a property? I've found a rental property that is a 4B/1.5Bath/No garage but there is parking at the rear of the property with footings to build a garage. It is currently sit...