Caleb Gowan
Fair Rental Increase on Same Tenant?
Fair market rent is up $500 since the tenants signed their last lease, and now they want another year lease. Original lease is $1900, could easily go for $2400 if I put it back on the market. We wouldn’t go the full $...
Luis Alvarado
Redo HELOC as property value increased
My house is worth ~$310k according to recent comps. I have a $52k HELOC on my house and $154k balance on my mortgage, therefore only at 66% LTV when you combine HELOC and balance on my mortgage. My property has gone u...
Riyaz Ali
How much can you rent Increase
Hey Guys im a new investor in Detroit, I recently purchased a property on the East side, and its currently below market rent. Their lease is currently over and they are on a month-to-month lease. I was wondering if ar...
Wendy S.
Increasing credit score via Rental History
I am trying to help my tenants increase their credit scores by reporting their on-time rental payments and would love some suggestions on how to do this.Cozy.com I believe offered this to some extent but rents needed ...
Linda Thomas
how do you handle Rent increases
Good afternoon everyone,
Looking for feedback on how you all handle rent increases. Do you just send the tenant a letter notifying them of the increase without having to agree or sign anything or have them sign a let...
Kay March
Security Deposit Increase Clause in Lease
I normally require a security deposit equal to one month's rent plus $200, and I raise the rent annually by $25 per month. For tenants who stay year after year, the security deposit over time shrinks in relation to th...
Orazio LaFata
Doing an addition, home value increase?
Hey everyone, I’m just curious if anyone has had experience with doing an addition in the basement? My current home is a 2 bedroom house. My wife and I purchased this home and you can tell someone started to put an ad...
Kevin Larry
Increasing rent on a turnkey property
Can I and should I increase rent on a turnkey fourplex that is under rented at the moment? All four units are rented out and going for about 500 dollars of the market. I just want to increase by 120 dollars. Once I cl...
Luckisha J.
landlord increase deposit with new lease
I’m a landlord in New York. I have a tenant that was paying $2000 for two years . She moved in her boyfriend with out telling me and I decided to increase her rent. Her new rent Is $2200 Is it appropriate to ask for 2...
Kyle Smith
Sewer Pipe Replacement Increase Home Value?
A duplex that I own is getting the entire sewer line replaced as the original line has failed. My question is will this increase the value of the property or is this going to be considered a sunk cost to just keep the...