Scott L.
Rental Renovation - Increased Rent and Break Even Time
If I renovate my rental property by doing $8000 in upgrades, I can increase rent by $200 per month. The break even is just over three years.Looking at only cashflow, would you do these upgrades? What reno returns do y...
Ellie Perlman
How We Increased Rents by 29% During COVID
As a value-add syndicator, we've all had to face some very tough decisions with the impact of COVID. I've noticed that there are basically 3 main concerns we've all shared in trying to navigate our investment properti...
Justin Gottuso
Calling BS on ‘major room for rent increases’
I am calling BS on agents saying ‘major room for rent increases.’ I have not bought a rental property (yet), but I’m researching the possibilities. I am highly skeptical that a new owner can just come in and say ‘hey ...
Kevin Davidson
3rd try - renovate and increase to market rents
Investment Info:
Office Space buy & hold investment.
Purchase price: $285,000
Cash invested: $10,000
Appx. 7000 sq.ft. commercial office building in downtown Appleton, WI. Purchased on land cont...
Kevin Davidson
3rd try - renovate and increase to market rents
Investment Info:
Office Space buy & hold investment.
Purchase price: $285,000
Cash invested: $10,000
7000 sq.ft. office bldg in Appleton, WI. Purchased on land contract under a wrap. Neglected ...
Kevin Davidson
3rd try - renovate and increase to market rents
Investment Info:
Office Space buy & hold investment.
Purchase price: $285,000
Cash invested: $10,000
7000 sq.ft. office bldg in Appleton, WI. Purchased on land contract under a wrap. Neglected ...
Marco G.
Increasing Rent at Lease Renewal during COVID-19
What have you been/are you planning on doing with lease renewals? Are you renewing at current rates? Going month to month at current rates? Increasing? All my current leases expire end of this month through September ...
Andrew S.
Raising rents due to increased taxes during COVID
Just curious who out there has raised their rents lately with COVID somewhat becoming normal. I'm looking at bumping up my rents by $25 for the fall increased property taxes. I'd have to raise them for November base...
Brad Hammond
Portland, ORE restricting rent increases till 3/31
I saw on the Oregonian that Portland is now mandating landlords to pay relocating fees if we raise rent from now until 3/31/2021 and tenants can not afford the new rental rate. Tenants must provide a written statemen...
Tammy Wiggins
Increasing Rent: When to Notify & How Much
We acquired a great duplex and have great tenants on both sides. In one unit, which was my son's, we painted everything, put in new flooring, nice new blinds, redid the staircase, updated bathroom, new light fixures/...