Chris Braudis Jr
Collecting security deposits when increasing rents
How do folks handle security deposits when you increase rents for existing tenants (specifically in MA)?
A. Do you increase rent and leave security deposit at the original amount collected when first obtained (i.e., ...
Alfonzo Roberts
Business Loan under EIN as Capital
Are there Bank/Credit Unions that would approve a $250k business loan as capital for a real estate company with no real estate? There is one revolving line of credit under the EIN. I was considering taking $8k from HE...
Marc Bresseau
Raising Rent
Hello everyone,
I need some advice. I have a rental with amazing tenants but it's time to raise the rent a little. We were thinking about $20-30. My question is how to convey this to the tenants without alienating th...
Jorge Espinosa
More rent vs. good tenant
So I have one income property only so I’m new to this. It’s a detached duplex so basically a mother in law suite. 1/1 with laundry unit, their own electric meter, water meter and tenant pays all utilities. I’m in brow...
Jane Dang
Tenants ask for delay rent increase - Please advise.
I need your advise, what should I do. Yesterday I delivered a rent increasing note to my tenants. It is 7% increase. I gave them a 60days notice even the law only required 30 days. They ask me to extend the note ...
Brick Biermann
Rent Increases for existing tenants
I have a 4 unit property located in Jersey City Heights, NJ with all units currently occupied and 3 of them renting under market rate. All 3 units have their lease expiring later this year.
As I understand it, Jerse...
William Ware
How to get a Quick Credit Score Increase
Hello All
Looking for ways to increase my FICO scores in a short period of time (30-60 days). Here is my situation:
Part time Real Estate investor with several properties owned free and clear
Need to leverage properti...
Caleb Rehg
How Much Liability Insurance Should I Get
As of now, I have $300,000 of liability coverage, should I increase this amount?
Anibal Mijangos
Is STR Arbitrage still a good opportunity?
For those doing it or who have already started, is AirBnB arbitrage still something worth pursuing? Is the opportunity still there for new people?I used to see AirBnB arbitrage on social media a lot. At one point, I s...
Lawrence Flagg
Preparing for recession
I've been hearing a lot of chatter about another recession around the bend. I know no on can really make any predictions but wouldn't it make more sense to sit on my money and scoop up land and/or a 4plex once the ma...