I just received a notice from my mortgage company stating that they would be raising my mortgage payment $900 per month beginning in March because of an escrow shortage. The taxes and insurance both went up this year ...

Hi all,
I have a tenant who's in a month-to-month lease and I'm trying to raise the rent next month by $50 more ($1,200 to $1,250) which is, in my opinion, a reasonable price based on the comps around the area. My PM...

What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...

Hi guys,One of my tenants wants to move her adult daughter with her. The daughter  is a single gal and moving form out of state so she does not have a job yet. She is 21 years old…The tenant is paying on time so far a...

What month is the best to raise rents? Is any month better than others in case of a move out?

Thanks for any help...

Mike

Apartment Demand Outpaces Supply

Hello all,

I was so excited to join BP, I skipped the step where I introduce myself went straight to asking questions. So I'm backtracking and wanted to introduce myself. I am from the Central Valley area of ...

I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...

Calling all members?? How do you best utilize all the resources (networking, podcasts, resources) that BP has to offer on this site to increase your net work while decreasing the time it takes you to achieve your goal...

Hello everyone,I recently purchased SFH as a primary. My goal is to rent the whole house and get some cash flow. I won't be living in that house. What type of insurance should I purchase for my property? Home owner in...