Hello everybody,I am first time investor in Orange County. I am trying to purchase NNN commercial property in Newport. I would like to know the average rent increase rate in Orange county for NNN property.I heard it ...
Hello,
I have read thru biggerpockets and other real estare investing books that sfh appreciate at average rate of 3% is that the case with multifamily homes like apartments?
I heard someone say they buy multifamily homes below market price then they increase the rents how did they do that?
hi, i was wondering what you guys think.i was looking around since i am about to renew leases with several of my tenants, andi am always looking for new stuff.. and i came across 2 different types of documents, 1) is...
When it comes to building your own models how do you underwrite value add rent increases ie: bringing rents up to market at lease renewal/ bringing down units onlineIt can be done manually when investing on a small sc...
Please forgive me if I have overlooked a similiar discussion. I had difficulty finding anything on the subject (could be caused by my novice ability to navigate the site).I am currently researching local properties in...
Hi All,I am new to this forum and have been impressed by the wealth of knowledge in this forum. It is very difficult to get unbiased RE related advice from pros and there is no better place than BP to get that advice....
BP Family,I am closing on an 8 unit property this coming Friday. In 4 of the units, I will be collecting 875-950$ per month, which I'm ok with. In the other 4 units, the residents are paying 700$ a month (people who h...
Hey, I am getting ready to close on my first duplex this upcoming month. It is already tenant occupied and they are paying $300 below the average rent in the area. How would I go about raising the rent amount closer t...
We haven’t increased rent in almost 2 years due to covid so our units are below market rent. However I’m not sure if it’s the right time now since we are in a pandemic. Thoughts? Thanks!