Daniel Gonzalez
Increasing rent to market rates in Union City NJ
Hi BP community, I am currently searching for my first investment property to househack, and something I have been noticing are below market rents. Most recently I saw a potential property that met my criteria but the...
Shane H.
If & How would you increase rent? (Unique situation)
Hi fellow BP'ers!I recently purchased a duplex to owner occupy and have been living there since December 2017. I inherited the tenants on the other side who also happen to be excellent neighbors. They are long term te...
Lois S.
Adding an unauthorized tenant to lease & rent increase
We lease out a SF home in which current single tenant has resided for 4 years with minimal issues. This is a no-pets property, clearly spelled out in the lease.The neighbor contacted me to complain about a dog that's...
Sean Larson
Should I ask for rent increase in purchase contract?
I'm wondering if you all could give me some pro's and cons:I'm wondering if it's a good idea to asking for a rent increase as part of my purchase contract with a tenant who is month to month and the seller has a manag...
Shay Lee
How much to increase rent for Bay Area property?
My tenant's first year of lease is coming up and I'm hoping to get advice from fellow Bay Area landlords about how much you increase rent each lease, if at all. Is $50 fair? I think the rent is already pretty in line ...
Carmel Duffy
How to increase the rent on your rental property.
Hello,
If a lease is up in January for a rental when should you notify the tenant that the rent will increase?
Also, is it ok to notify by text?
Thanks
Mark Vesu
Automatic rent increase (new tenant) ins San Jose, CA
Hello all, my tenant is vacating after about 8 years and I wanted to take this as an opportunity to upgrade the property (~$10k) and fix stuff (new exterior and interior paint, stainless steel dishwasher, etc.). I wo...
Jason Ridout
Are rents increasing enough to offset high purchase prices?
Property prices are obviously up across BC. Some places more than others. On Vancouver Island the average is a 20-30% increase in price from a year ago. Great if you own a bunch of real estate, not great if you're try...
Gilbert A.
Adding a bedroom to a unit to increase rent
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 ...
Wendell Fong
PEI Rent Increase is Fixed even after tenant leaves?!?
I read an astounding article today regarding rent increases in Prince Edward Island.
https://ca.yahoo.com/news/forged-lease-document-leads-house-204956798.html
Essentially if a tenant leaves a unit and you rent to a...