Nicholas Glatter
If I increase rent do I also increase what I set aside?
Quick and easy, hopefully.mortgage is 2700, rent was 3100. I raised rent to be 3250. Do I need to set aside 5% of the mortgage for CAPEX, Maintenance, Management, Vacancy or should I increase what I set aside based of...
Ann Baker
Rent increases in an area that is NOT rent controlled
I'm reading contradicting info on rent increases for a property that's NOT in a rent controlled area.
If increasing rent less than 10%, do we need a 30 day or 60 day notice for tenants who have been there over 1 year...
Kai George
Inherited tenants and rent increase under Los Angeles rent control
Hi there!
I'm considering offering on a 3 unit property. Two units will be vacant upon closing. I plan to fix up one and rent at market, then house hack in one of the units. The tenant that will be remaining is payin...
Account Closed
fair return for rent increase in rent controlled Oakland CA
I bought a fourplex last year in Oakland that I owner-occupy. One tenant I inherited is paying about 30% market rate. I am operating at a loss because of it. Given Oakland's strict rent control laws, how would I go ab...
Kalp Mehta
Lease Extension and Rent Increase: Adjusting the Last Month's Rent
Hello BPIf I extend the lease and increase the rent, should I adjust the last month's rent to the new rate?
Miho Y.
Los Angeles Rent Controlled Small Multi unit rent increase question
Hi all, looking for an advice. The long term tenant of over 8 years has 2 unauthorized roommates living in the unit. I understand under LA City Rent Control, we are allowed to raise the rent by 10% for additional tena...
Jake T Gilts
increasing detached garage size for additional rent?
Interested in to see what your opinions are on an idea of mine. I have a sfh home with a detached garage at the rear of the property, the property is a corner lot with an alley behind the garage so there is access fro...
Joseph Bubanj
Procedure on increasing tenants rent in NYC
Hello :I am brand new here on BP and fairly brand new to real estate. My father passed a few years ago and my my mother is aging and she has asked me to help her with a rental property she owns in New York City, Quee...
Bryan Noth
Rent Increases continue in Austin (and elsewhere)
Austin sees biggest year-over-year rent increase among U.S. tech hubs
Austin saw the largest year-over-year percentage increase in average rent this September among the nation's top 10 tech hubs, according to the lat...
Jayden Hamilton
Rent increase for one of my tenants
I sent a certified letter starting Sept 1, 2021; there will be a rent increase of $75.00 for one of my tenants. If they don't pay the rent increase by Sept 1, what do I do from there? Do I serve her a 30-day notice to...