I was wondering what other Landlords are doing about raising rents. Do you only raise rents when your costs go up? Do you raise them to be close to market rents? Do you raise them yearly or rarely raise them?I have...
Hello,
I recently acquired a 4plex in Southern California and have a question regarding rent increases when adding a bedroom. I plan on adding a bedroom to my 2bd/1ba until by converting the shared laundry room that ...
I am about to close on my first fourplex this Friday through an owner-occupied FHA loan. The property fits my investment requirements at market rental rates. Unfortunately, the previous owner has kept the rents for th...
First timer here! take it easy on me.
I have 4 tenants paying well below fair market rent. Current rents are 1300/1100/1100/1150. Fair market is 1800. My state laws do not put a limit on increase amount or frequen...
First time post here. Looking forward to gaining as much knowledge as possible. Last July I purchased my first investment property. It’s a 3 family (3br, 1br, 1br). Newer roof, siding, windows. It’s an early 1900s hou...
I think I've already made one mistake, but I want to keep from making another.
I have a SFH that has been rented over last 12yrs. REfinanced in 2013 at 5.375% and have some equity that I want to access. Just had a ...
The Five Phases of a Value-Add Multifamily Syndication
Each real estate syndication goes through a progression of stages with a clear beginning, middle, and end, which ensures individual investors operate as one, acc...
Hello BiggerPockets community,
My wife and I purchased a house in Katy, TX a few years ago for $230k, right before the market surged. We secured a 3.2% interest rate and currently owe about $200k. The house is now wo...
Hi all, I'm looking at some single family properties in the area and there is one for sale that says the current tenants are paying $500 below market value. I've read a lot if posts about the difficulty of vacating a ...
Hi BP community - I need to draw on your knowledge and experience again.
I am confused about the relevance of a lease guarantee in the lease agreement. If tenant goes out of business, he still owes rent for the r...