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Just bought my first triplex! Currently the renters are paying $300 under market, and they are on month to month verbal agreements- no signed lease. The renters have been there for 3 years, and keep they're places ver...
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My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...
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If I wanted to raise rent $200 per month to get price up to market level, is it best to do it in increments of $50 per month, or all at once?
Hi friends, is there anyone who rent their property by room to get a positive cash flow? What’s the process and where do you list?
Who: Landlord Vs. Tenants (Close Relatives)What: Landlord is looking to push out current tenants and instead increase rent by 25% by stating that their son & family are looking to move into the unit (which is allo...
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My plan is to do a month-to-month lease so I can gradually increase the rent on my tenants and then when I get to the number amount that I like then I would sign a year lease with them at that price? Would this work
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I see posts in the BP Community about a collapse of the values of MF properties (reduction of cash influx from COVID, rental assistance programs, increasing supply from builders, lagging impact of recession, etc). I a...
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So, I am about to purchase a 3 family home in which my family will live on the first floor and rent out the 2nd and 3rd floor. I am currently living in a 2,400 sqft single family with 4 rooms 2.5 baths. My plan to h...
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I currently rent a 3 bedroom one bath for $1,020.00 per month. Today my tennants asked me if they could add a friend and her child. What should my response be?
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So my wife and I bought two properties at the beginning of the year and now that we have the hang of things and the rentals occupied, what do we do next with those units? The units are cashflowing about 800/month in t...