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Hello Bigger Pockets Family!!
I am a new investor and due to close on a multifamily that I will be house hacking. I will be inheriting non lease, month to month tenants and I would like to increase rent (they are cur...
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According to Union City's Rent Stabilization Ordinance of 2017, a rent increase is permitted as a "hardship increase" if annual operating expenses are greater than 75% of the total annual gross income. Subject to a nu...
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Hello,
I have scoured the forums for rent increase posts. Most of them focus on how much to increase and what not. Owning multiple types of multi-family rentals (Class C and B for now), I have a good grasp of the val...
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I need to extend a lease with my tenants who want to continue for one year. This property was managed by a Property Mgmt company until recently (they wrote the original lease) but I had to get rid of them due to their...
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I'm a CA resident looking at putting rentals from multiple states (including CA) into a DST. I'm wanting the series asset protection and to avoid the $800 CA LLC Franchise Tax. However, I am getting some conflicting i...
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Hello, Have a property to rent out and in about 3 weeks, I have received about 20 enquiries and I have rejected all of them till now, mainly because of their income to rent ratio of 3:1 hasnt worked out or the c...
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Hello all,I was hoping to get some opinions on how do you typically raise rents naturally? Is it "normal" to include a percentage increase or fixed amount increase in the lease agreement? If rent increases are not inc...
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We purchased an apartment complex which has a few section 8 tenants. Two are due for rent increases and have been month to month for 3 years. We submitted a notice of rent increase and their caseworker says we hav...
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I am currently analyzing properties on the market. If I were to acquire a tenant occupied property lets say for this example who currently is on Section 8 and the current landlord receives a total of $500 per month. M...
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What are some of the best upgrades to make on a rental property in order to increase rent? Our unit is in the worst shape of all 4 and therefore is rented for the least in the complex. This is our first rental and it...