Dave S.
Rental income increases DTI ratio
Hi all. I have a question about a future problem I see with DTI ratio. As one's portfolio grows so does income obviously which is a great thing. Just wondering how people work around how banks look at rental income ta...
Alex Scotte
rent increase during the pandemic?
My tenants have not missed a payment despite COVID-19 and their lease is up in a couple months. I will be asking them to renew. For awhile, I was planning to raise rent a little because costs for the unit have gone up...
Jason T Elvin
Asbestos Removal increase appraised value?
Hi, I'm looking into doing my first BRRR and the property has asbestos siding. I've been told its okay to leave it and paint over, but I'm wondering if that'll ultimately hurt the appraisal when it comes time to do ...
Dalwin Garcia
Increasing Rent in Passaic, NJ
Good morning BP NJ!I currently own 3 two-family properties in Passaic, NJ. I've never increased the rent on my tenants, but I'm thinking of implementing this strategy starting this year. Can anyone help me understand ...
Gerardo Dominguez
Increasing Rents without losing tenants
Hello BP'ers! I need your advice. I have a tenant whose lease is expiring soon. So far she's been a great tenant so I don't want to lose her. However, I also want to increase the rent to get it closer to market ra...
Jennifer A.
Another Question About Increasing Rents
I've own a small handful of rental properties. I have one single family house that I bought in 2012 and another bought in 2014 among other properties.I've been increasing rents on the properties I mentioned above to ...
Neema Fotoohi
Increases in Jobs and Income
I'm looking to invest in other cities and other areas and I want to find out which cities have seen an increase in jobs and an increase in income. Does anyone have any sites they'd recommend to find this (other than t...
Ace Goodrich
Increase Your Tenant Selection Process
Hey BP multifamily investors, property managers, and landlords!Here's an article that has helped me get a clearer sense of what's important to people that are running multifamily properties.It was written by someone w...
Joseph Guzzardi Jr
Increasing Income for Rooming house
Hey everyone. Looking for insight from ideally experienced rooming house operators. What are additional ways to increase income in these types of properties besides raising the rent? I'm strongly considering coin oper...
Bobby Balentine
Rent increase to inherited tenants
Good evening all. When purchasing a property that has tenants and you take possession on the 6th of the month, at what point do you notify the tenants of the increase in rent? Tenants are currently on a month to mon...