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I have been approached for a lease with option offer on one of my properties that I have up for rent. Lease would be for 2 years. I have looked online for info on lease option. My question is:
If I decide to ...
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We're in the process of renewing our insurance policies on our apartment and commercial properties throughout Florida, and I'm being told to expect 15% increases across the board for property, liability, crime, etc. a...
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Looking for opinions on what my next move should be. Own 2 investment properties plus my primary residence. Here's breakdown:1st home: paid off (paid 56k) now worth approximately 140k, cash flowing $650. 2nd home: pu...
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I was listening to this podcast today and found his idea for introducing rent increases to the renter innovative and wanted to get this communities thoughts (pros/cons) on the idea.
He basically says instead of send...
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I have two fantastic long term tenants that I'd like to keep. Both always pay on time and take great care of the place. I thought that the proper notification of a rent increase was only 60 days notice, however, I res...
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Hi guys, I am new to the landlording thing. I have 7 units now and they've all been very successful. almost no vacancy. I read hear and in books about how you should always raise the rent each year. I tend to agree be...
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Hey guys, I am seeking some guidance if possible, and hope this is the right place. I currently have one STR near Yellowstone NP and have about 200k in equity on that property. I am seeking options to buy another rent...
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Hi BPI'm wanting to raise the rent on one of my units. The tenant is long term having been there for around 14 years. Unit is under market by around $100/mo or so.I'm trying to present them with some options as i woul...
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Hello All!New to investment properties, recently bought a 8-unit multifamily. There are two tenants with $0 Security Deposit and I have questions on how to collect the full amount equal to the rent. The tenant was a p...
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I just purchased a multi unit property in Ontario and the rents are quite low in comparison to what they should be. So I have a couple questions about going about these increases. I have been making some improvements ...