Hello Experts,I need your help! I'm a newbie invetsor. I bought a triplex in Greater Fifth Ward Houston back in 2021. I just realized that tax jumped 5x and I did not receive any communication about this. What can I do?
My tenant's one year lease is up for renewal on 2/1/2023. I just realized I should have given them their lease renewal options on 12/1/2022! I spaced making a calendar reminder.I am planning on increasing the rent b...
Hi everyone, I wanted to get some advice from everyone.
I recently bought a property in Chicago and I inherited the tenant. The house is a section 8 house and the tenant has been there for 6 years. She is a 65 year ...
I recently gave my Section 8 tenant a 60 day notice of a rental increase from $1,095 to $1,300. Section 8 reviewed my request and only approved an increase to $1,200. Any one know what my options are from here? I'm...
My question is similar to Robert Morgan question/post on rent increases.I am looking to purchase my first property, tenants are already in place, and the properties I am looking at these tenants have been in place fo...
So admittedly I have some flexibility with how I file taxes since my income comes from my sole proprietorship (music teaching). I'm planning on stating around $25,000 in income this year (a lot for me) in order to hel...
Dear BP family,I was wondering, would you know how much a finished basement, HVAC, and a garage increase/add to the value of a property (percentage-wise)?Thank you all in advance
Hi all, first time home investor here. Below is a picture of a Seattle SFR I'm trying to rent out - any advice on increasing curb appeal? Note I already plan on removing the trees.Some things I've considered that woul...
Morning BP,
So I recently purchased three properties that had current tenants in them. The Rents were way below market value with these tenants. What do you think is the best way to go about increasing the rent to ma...
First timer here! take it easy on me.
I have 4 tenants paying well below fair market rent. Current rents are 1300/1100/1100/1150. Fair market is 1800. My state laws do not put a limit on increase amount or frequen...