Robert Vorhies
Covid-19, rental agreement renewal & rent increase
My tenants lease agreement is up for renewal on May 1. I need to send him a new annual contract with the annual rent increase by April 1st.With all of this Covid-19 craziness going on and fear of tenants of not paying...
Feras Saffar
How to increase the rent on a tenant?
Hello good investors,
What's the best way to increase the rent? probably an accurate rent estimator based on the rental property. Do you know think giving a holiday gift will soften the tenant to go the increase wit...
Gina Nicolas
How do I increase rent during this Pandemic?
Good evening all,Hope everyone is well. I have a duplex and the rent for one unit is very low. This unit is a 3 BR, 1Bath which rents for $1000 to 1200 in this neighborhood. My rent is $750 because of a mistake from m...
Tina Lee
Union city new jersey 3% rent increase only?
Hi all, as far as I undestand I only can only do 3% rent increase per year in union city New Jersey.So the whole town is under rent control unless I am the owner of 3 family or less and I live there.Is that correct? I...
Joe Hines
Does anyone include automatic rent increases in leases?
I invest primarily in SFH in North Florida and my average tenant stays in place over 3 years. I love the stability, but it does mean I slowly fall behind on NOI as costs for landscaping, taxes, etc slowly creep up. ...
Victor Hernandez
Rent Increase? Or not? That is the Question
Hello BP!
So I'm currently in a duplex doing a house hack. My tenants have been amazing no issues and they always pay on time or early. However they are coming up on the end of the lease in about 2 months. Rents in m...
John S.
Would you increase the rent of this tenant?
Hello everyone - looking for some feedback.
I just purchased a duplex side-by-side (Each side = 3br2.5ba and are basically the exact same copies of one another). Paid cash, so no mortgage. Tenant 1 = $3,200/month (Se...
Rich Weese
What occupancy rate before rent increase is needed?
As many of you know, I bought 154 units in Garland TX. We've changed the marketing and now are down from 19 to 3 vacancies, or 2%. Any one have stats as to occupancy levels in Dallas area, and rates per square foot?...
Regan Moore
Rent increase if additional person added to lease
Just signed rental agreement with 4 college kids. Now they are asking to add a 5th person. They pay utilities, but I do supply furniture. Do you increase rent? Thank you.
Sujith C.
Rents vs increase in property taxes -Austin metro
Hi,With Williamson county appraisal for 2022, my rental property tax due increased by 35%!!! I already raised the rents by 16% last year and now this. Would you think rents will grow to catchup with property tax incre...