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My husband and I own a 6 unit apartment building. Two of the apartments have long term tenants that pay significantly less than market value rents. I've been opposed to making a huge increase in their rents because t...
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In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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With the economy finally exiting the covid 19 crisis. This question is popping in my head. When do i raise rent?
In reviewing the average rentals for my area my rents an on the lower side. Logically I should incre...
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Does anyone know how to raise rent? Is there a specific guideline to follow? One of our tenants is coming up on a one year lease. This is our first rental and we want to know the best way to take this approach.
Just wanted to ask a question regarding rent increases. I have 2 buy and hold properties. My wife and I bought our 1st rental in 2010 and 2nd in 2014. We have always been of the mindset of keeping the property up to d...
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Has anyone approached a bank / financial institution to propose opening an UNSECURED line of credit solely for use to buy, rehab and either hold or flip? If so how did the presentation go, what was covered, what were ...
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I have two tenants with rents below market whose leases renew in July. I had planned on a 4% increase before the pandemic. I know taxes will go up increasing the need to raise their rates. Am I wrong to feel guilty...
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Oregon is poised to enact statewide rent control.https://www.npr.org/2019/02/27/698509957/oregon-set-to-pass-the-first-statewide-rent-control-billAs anyone with access to modern communication devices is most certainly...
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Hello, everyone. I plan to sign up for a free trial on this platform: https://urlbox.com/screenshot-api
After some reading about this, my idea is to:
- check which companies are selling in my area and create a vi...