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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...