Brian Marcy
Question about Significant Rent Increase and Section 8
I own a duplex as an owner/occupier and rent out the other side. I inherited my tenants from the last owner who did not raise rent in 4 years. In that time there has been significant development in the neighborhood ...
Michael Bellizzi
How to calculate future value with rent increase?
There has always been one formula that has stumped me and I am hoping to get answers from someone wiser. How would I calculate the future value of a property if given a known rent increase over a set number of years? ...
Cheza M.
Should I Increase the Rent with 2022 Inflation?
Hey Biggerpockets Community,
I have a question for the landlords out there who has rental properties. Did you guys recently increase your rent due to inflation? I'm a new investor who has recently bought a rental pro...
Cheza M.
Should I Increase the Rent with the Inflation?
Hey Biggerpockets Community,
I have a question for the landlords out there who has rental properties. Did you guys recently increase your rent due to inflation? I'm a new investor who has recently bought a rental pro...
Meenoo Vana
Security Deposit for Lease Renewal & Rent Increase
Hi,
I am a year old landlord. I am yet to send out a renewed lease to the tenants. Per market standards, I have notified tenants of the rent increase and they have agreed. Now, I am not sure how much am I allowed to ...
Bryan Noth
CoreLogic Report: Single-Family Rent Growth Increased 5x
Summer Spike: Single-Family Rent Growth Increased More than Five-Fold Year Over Year in June, CoreLogic ReportsJune 2021 data shows a national rent increase of 7.5% year over year, up from a 1.4% year-over-year increa...
Account Closed
Month to Month Tenants Not Paying Rent Increase
I recently purchased my first investment property (a duplex where the rent hasn't changed in 6 years with two month to month renters). I intended to do work and renovate building + occupy one unit. I gave the proper n...
Greg Larson
Question about increasing rent & refinancing a duplex
Hey BP,I'm considering pulling the trigger on a duplex in my area that's currently renting for $700/side. I believe it can rent for $1100/side and my agent thinks it could go for up to $1300/side.If I paid $280k for ...
Sandro Hagenbuch
How to negotiate big rent increase with tenants
Hi all,2 years ago I've become a landlord and am renting out my old apt (during the height of covid discounts in cities like NYC and Jersey City). Since then, most discounts are gone and rents seemed to have increase ...
Neil Narayan
Austin rent prices increased nearly 10% from 2022
Despite rent increases showing a small slowdown month-over-month, overall prices are still on the high side from the previous year. For example, the average rent for a two-bedroom apartment in Austin is $2,070 now, in...