Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
Hi all!
We are closing on our first duplex in Ohio 1 week from today. YIKES!!!! I have some questions regarding the existing tenant lease situation and any help from experienced investors would be greatly appreciat...
Hello! My wife and I are currently in the process of closing on our first duplex in Milwaukee, WI. We are planning on house hacking, and the lower unit currently has a tenant who has been in the place for the last 25 ...
Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...
Quick background - I am 27 years old. I own 10 single family homes in the Cleveland suburb market and have a second business outside of real estate that generates most of my income/cash flow.I recently got approved fo...
Yes, it’s possible to retire early, even if you’re just now diving into the FIRE movement. Early retirement could be within reach whether you’re in your twenties, thirties, forties, or fifties. Imagine having complete...
I have two tenants with rents below market whose leases renew in July. I had planned on a 4% increase before the pandemic. I know taxes will go up increasing the need to raise their rates. Am I wrong to feel guilty...
I am in the (good) situation in that one of our rental properties is in a very desirable and improving neighborhood. It is an older house with a very basic interior compared to the recently rehabbed/new construction ...
Hi On one of my properties, I just requested rent to increase from$2300 to $2450.Now,the teanent wants to move out due to her budget. It is 3 bed with 1850 sqf.It is brand new home. Also she is a great teanent and I n...
President Biden has proposed to nearly double the capital gains tax rate in an attempt to fund the $1.8 trillion American Families Plan. This has caused some investors to fear a loss in their wealth, while others will...