Frankie Lesowske
Increase in utilities on 4 plex
When doing rental property calculators and writing a budget for monthly expenses there is the 50% rule that says expenses should be half of the monthly income, but is that true in all cases? Utilities can vary widely ...
Daniel Antonetti
2020 Proposition to increase property taxes
This initiative qualified for the ballot in 2020. Does anyone know if it affects commercial - residential properties? Meaning properties that are zoned for 5+ units? It only refers to residential being exempt, but ...
Justin Webber
Cash on Cash % increase over time
I like to finance for 15 year fixed with 25-30% down. When considering Cash on Cash % at a 15 year note is much lower at first and increases over time compared to a 30 year. My thought is to pay them off sooner to r...
Andrew Gomez
Adding a Bathroom to increase rent
I am currently thinking of opening the floor plan of the house i own to force appreciation by adding another bathroom. I know this is definitely a solid 10-20k investment in the property but it on rentometer rents inc...
Jake Valkusky
Rent Increase and Security Deposit Question
Good Morning BiggerPockets!I work with a management company and team of investors in the Philadelphia area. We have received mixed feedback on security deposit/last month increases that go along with annual rent incre...
Account Closed
FHA increasing loan limits for 2018
Apparently as prices are rising, FHA is increasing their limits to government backed mortgages on average by 6.4%:
https://themortgagereports.com/34740/fha-loan-limits-are-increasing-thats-good-news-for-borrowers
So...
Kyle Hauge
Creative marketing strategies for increasing bookings?
Hi all,Fairly new investor here, wanted to check around to see if anyone has any creative or out of the box strategies when it comes to helping to generate bookings, particularly during slow season? I'm already doing...
Jen H.
Socal SFR Rental rate increase law
Hello everyone! In California you are required to provide 30 days notice to raise rent if it is less than 10 percent of the rent being charged and 60 days notice if it is being raised more than 10 percent of the rent ...
Richard Vang
can adding sunroom help increase rent?
hi,I am in California. I wonder whether investment in a sunroom would add value to the house. My current rental house is a 3 bedroom 2 bathroom. 1200 sq ft. Would adding sunroom will add value for rent increase and re...
Sonu Sharma
Lease extension with a rent increase
I need to extend a lease with my tenants who want to continue for one year. This property was managed by a Property Mgmt company until recently (they wrote the original lease) but I had to get rid of them due to their...