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I am trying to assess a renewal of an upscale rental. On one hand a part of my business plan was a rental increase. On the other hand it is Covid. My question has a few parts:
1) Am I allowed to increase rent during ...
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The episode with Thach Nguyen was great and a lot of helpful tips from his experience. Who has followed his method of paying off a specific amount of houses to have a more stable monthly income of them and then start...
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Real estate investing can be a lucrative way to build wealth and generate passive income. However, one of the most important factors to consider when investing in real estate is location. Choosing the right neighborho...
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If your rents are below market (say 10+%) and you’re doing a value add, do would you bring the them up to market in one move or spread it out over a couple of years?What would affect your decision? Would you act diffe...
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Hi all, I need some help deciding if now is a good time to sell my co-op in Manhattan. I bought it in 2015 because I worked in Midtown and thought I could save on rent. I no longer work or live there so currently it's...
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Hi all, I am considering purchasing an off-market commercial building in a small tourist town. I am trying to gather as much information and guidance as possible, and appreciate any input that you can provide! The bui...
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I am in the final stages of the due diligence period on a 16 unit complex. I would like some thoughts around successful transition plans some of you have tried to increase rent, move some tenants out and transition ut...
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Hi, I'm looking at a 3 family home in Bergen County, NJ that doesn't require much in repairs ($5000 or less).The strategy here is to buy the place and increase the rents. Currently the tenants are renting month-to-mo...
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I’m a newbie looking to purchase my first investment property. I found a cash-flowing four-plex on the market for $250k. It is fully rented and is getting $2700 in rent. I am approved for a conventional loan. 25% down...
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We just purchased our first rental property, a 4-unit, all 1bed/1bath, coin laundry in basement, and 4 car garage in the rear. I would put it between a B and C class. It's working class, and OK Public Schools. Cr...