Greetings BP!We are in the process of acquiring a four-plex through an FHA loan and will be house hacking the property. After assessing the market through the MLS with both properties that are up for rent and that hav...
I have a unique opportunity to purchase a 4-unit property With VERY large units (1450 SF each). the market rent for an 750-850 SF 2 BR is ~ $800/mo whereas these units only fetch $950/mo (law of diminishing returns)....
I was told by a colleague that HUD will increase your rent by 5% each year if you make a request for the increase. Has anyone gone through this process if so what is it I need to do to get this 5% increase? Thanks in ...
Hey all, we get 95% of our bookings from Airbnb but our VRBO bookings seem to have fallen off of a cliff. We rank well on Airbnb, how do we increase our ranking on VRBO? Are there any tips, blogs or videos to share? ...
How much rent can be increased legally on a SF? I have done some research and found out 5% + CPI (1%)=6%. Is my understanding correct? Thanks in advance
Hello Everyone, I just bought my first home and it comes with a rented guest house. The renters is under a month to month rental basis with no contract. His rental is not on market value at all, he pays $1,000.00 mont...
Hello everyone,Newbie here. I was wondering how the process goes of renovating and increasing rents goes in terms of the conversation with your tenants. Do you just complete the renovations and just notify them that r...
Anyone out there know a detail? I know rent control in the District quite well. When filing for a rent increase tenant gets notified along with the DCRA. The advantage being of course that the new basis for that apart...
Hi everyone- I am a fairly new landlord. I have rented out my previous residence- renters moved in 3 years ago. The house at that time was probably priced around 1.3 million. We rented it out for 6500/ month. I did no...
Hi, I'm looking for advice on ways to increase my occupancy rate for my STR in Poconos, PA. I began listing my property in May and have only had 2 bookings (both 5 star ratings). I feel like my property isn't competit...