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Are your raising your rent on your tenants this year? What percentages do you use or what other factors drive your rent increases?
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I have a 4 unit property located in Jersey City Heights, NJ with all units currently occupied and 3 of them renting under market rate. All 3 units have their lease expiring later this year.
As I understand it, Jerse...
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I recently had my office complex re measured and maped out to BOMA standards. Usable sqft when up by 1000sqft and rentable sqft went up by 9000 sqft. 50 of the 60 leases are up for renewal (negligence of the previous ...
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I'm in the midst of renovating a property in a high end neighborhood. The size of the house is 3500 sqft, single story, and only a 4/3, and rather small at that BR/BA count for the neighborhood. One option I'm conside...
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If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of approximate...
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Hello BP! I wanted to get your thoughts on raising rent. I own multi-unit properties and a few of their 1year leases are coming up.
If the tenants renew their lease, should I raise their rent for the next year or le...
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Greetings BP'ers.
I'd like to get some opinions on this, to see what other landlords might do in this situation/current environment etc.
I have a:
Self-managed, out-of-state, fully paid off rental.
Area Market ...
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hi all, I'm looking for feedback on whether my fellow investors plan on raising rents in 2021 or how they feel about this topic. I'm an investor in the phoenix area and rents are still rising at a crazy pace with no...
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Los Angeles RSO rent increases follow the Consumer Price Index. Almost every years since 1993, the allowable increase has been 3% (4% for anyone paying utilities). Starting in July, LA RSO is expected to approve a 4%...
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Hey everyone!
What is the general consensus on adding solar panels? While the immediate benefit is obvious (saving on power bills) has anyone done this and seen a marketable increase in the value of a property?
The...