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Hello, I am thinking of buying a Fresno triplex whose current rent is $1295 for a 5b2b, $795 for a 2b1b and a vacant 1b1b. Correct me if I am wrong, I think the 5b2b should rent for $2800, $1300 for the 2b1b and $700...
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Hi, I just acquired a duplex. I live in one unit and rent out the other. The other unit was acquired with a rent $400 below market rentals in the area. Im brand new to the game and I dont know whether i should just te...
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After seeing several posts regarding pet rent, I decided it is a perfect way to increase cash flow. I used to charge $300 PET FEE for new tenants. After the first year, I didn't collect another time upon renewal. I us...
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I've got a property in Missouri that i'm purchasing from someone and it is currently rented out. This couple has rented it for nearly a decade and it seems that there hasn't been an increase in the rent since they sta...
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How do you handle this?
Seems like it would easier to increase it at annual renewal time.
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Hi All,I am looking to raise my rent by a significant amount and need some feedback from the community.Here's the situation:This is my first investment. I bought it in Jan 2016, a 2bdrm/1bath condo in Chicago's north...
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A little background on my situation. I own a condo in San Diego that has two tenants who meet my rental requirements together but not separately. They are on a month to month term now. The financially stronger tena...
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Just acquired a 8 unit. 7/8 tenants are staying with a 15 to 20% rent increase per door. New leases will be filled out. Should I have the tenants drop another security deposit for the new 1 year lease agreements even ...