I have a family member that is an owner-occupant of a duplex and has a mortgage that is underwater. They have one tenant, they are keeping up with the payments and would like to keep the property.
- The property is...
In 2023, we saw the city of Philadelphia conduct new tax assessments and increase taxes all across the board. This outraged a lot of homeowners, but the city is looking to conduct another reassessment for 2025.
The ...
The single-family home rental business is less profitable this year compared to last year across most of the country with yields decreasing due to increases in cost of living. That is why it is more important than eve...
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I have a unit that rents for around 7k - At that rate, I find renewals to be a difficult calculation where I seem to have very little upside to raise rent much, if at all.
Let's say I can raise rent 5% - if ...
I have a townhome which I have had a tenant in for about 6 years. She is a retired lady on a fixed income and when she got into the house the rent was $1400. The rents in the area have climbed pretty rapidly over th...
Hi everyone, I have a rental property in the Bronx, NY and my tenants have been living in there on a month to month basis since December 2021 (original lease started December 2020). I want to increase the rent but the...
I just purchased a multi unit property in Ontario and the rents are quite low in comparison to what they should be. So I have a couple questions about going about these increases. I have been making some improvements ...
I understand increasing income and lowering expenses makes an apartment building worth more, but what is the exact metric for value to rent increase. For example I've heard in the past, some people say "$50 rent incre...
Hello everyone,Me and my wife own a single detached bungalow (~1200 sq.ft) built in 1976 in Woodstock, ON. We have been living it for 2 years now. We purchased the house when the housing market was at its peak(high 70...
I am looking at a park that is pretty awful, which too me is exciting because I see lots of potential to take this poorly maintained commercial property and polish it up for some killer profit. My concern is, as the s...