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...
Kevin Kraver
Can't increase rents within a DST?!
I'm a CA resident looking at putting rentals from multiple states (including CA) into a DST. I'm wanting the series asset protection and to avoid the $800 CA LLC Franchise Tax. However, I am getting some conflicting i...
Ergys Cavo
Two car garage increase prop value.
Hello everyone, I'm about to buy my first house which has a two car garage built on the land. Would the garage increase the value of the house? I saw a similar size house in the same block which sold for the same pric...
Naveen Desai
Increasing renter pool by reducing rent?
Hello, Have a property to rent out and in about 3 weeks, I have received about 20 enquiries and I have rejected all of them till now, mainly because of their income to rent ratio of 3:1 hasnt worked out or the c...
Dan Frehmeyer
Rent rate increases in lease agreement
Hello all,I was hoping to get some opinions on how do you typically raise rents naturally? Is it "normal" to include a percentage increase or fixed amount increase in the lease agreement? If rent increases are not inc...
Chris Rebolini
Increasing square footage and forcing equity
Good day Biggerpockets,
i am a newish investor who has been listening to the podcast since July. Looking to buy my first property sometime in 2024.
i have experience as a property manager for my parents and have...
Ahmed Souissi
Property insurance premium increase after claim
Hello,Does anyone have experience of making a property insurance claim on one property personally owned, while owning other properties under personal and LLcs, my question is will the insurance premiums get effected ...
Larry Tran
50% premium increase in Olympia, Washington
Hello everyone,We have a small rental (2 beds, 1 bath 1000 sqft craftman bugalow) in downtown Olympia, WA. My insurance will be renewed Nov 1, 2023. Safeco is the current insurance company and they gave us a new renew...
Steven Ebers
Section 8 Rent Increase after purchase
We purchased an apartment complex which has a few section 8 tenants. Two are due for rent increases and have been month to month for 3 years. We submitted a notice of rent increase and their caseworker says we hav...
Jason Bach
Non renewing with increase in lease
I currently have a tenant whose lease expires in March. When we first purchased the property we inherited a lease that was far below market rate. When the tenants lease expired last year we renewed with a $75 increase...