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I recently purchased a property in Cook County that has a section 8 tenant, which is a first for me. The tenant wants to renew the lease. Currently the rent is fully paid by HACC. How do I request for a rent increase ...
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Hey BP community. I have a tenant that might be interested in renewing their lease. I had a couple of questions in regards to renewing. Do I have them sign an entire new lease? Is there a limit to how much I can incre...
Hi everyone! Just joined BP, heard a lot of good things about this knowledgeable group. Need some advice on how to handle rent increase. My tenants been renting my house for the past 3 yrs. and I have not raised th...
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Hi all! I wanted to get some opinions on our situation to see what others would do.We acquired a duplex in Queens, NYC in the beginning of April with inherited tenants in one unit. The other unit is vacant and we'll b...
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Hi All - I have two single family rentals right now and multi-year tenants. We do a rental agreement every year, but of course I'm a softy and have a hard time raising rents. Does anyone have an example of rental in...
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My property is in CA and per CA law, 60 days + 5 days is required if notifying them via mail of a rent increase. Per the USPS today (tracking system online), there was an attempt to deliver the certified letter but no...
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First time looking for renters. I posted my ad on Postlets.com (now Zillow rents). I'm getting a lot of canned inquiries about the property. However, when I give a canned response asking basic questions and indicat...
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I recently purchased a 10 unit apartment building in Long Beach, CA and my strategy is to do a value add. The exterior of the building has a decent amount of cosmetic deferred maintenance (needs landscaping, exterior ...
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Have an offer in on a detached duplex. The front unit has a flat roof. I feel like rent is low and am wondering how much it matters that the roof is flat? Has anyone had success with getting more rent by adding a p...
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Does anyone have a sample letter to send to the Housing Department to request an increase of rent for Section 8 Unit?