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What kind of rent increase do you have each year? What kind of rent are you charing? I am charging 1765 for a one-bedroom-one-bathroom condo unit. The condo community has pool and gym. It comes with one-car garage. An...
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Looking at purchasing a tri-plex and one of the tenants has been at the property since 1998. (WOW!) his original lease was for $450 his current rent is $490 he has 3 bedrooms plus use of the full basement for storage ...
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New limits. These go in affect after Jan 1. The biggest change is to 4 units which are my personal favorite type of building for cashflow and house hacking. The self sufficiency test still applies to 3/4 units but man...
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Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
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I live in Nashville TN. I just purchased our forever home and closed on 9/22/20. It was common knowledge that our property taxes were going to be increased by 34% and we were going to have a tax reassessment.
This w...
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Hey Everyone,I have a new problem I haven't dealt with before and I'm looking for advice. I have a section 8 tenant and we both were just informed that the tenant portion is going from $85/month to $585/month. Oh and ...
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I am working on renovating a row house in DC with a general contractor. We want to go from our current basement height of 6'9" to 8' or above. Our contractor shared 2 options for how we could do this. He said we could...
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I am working on renovating a row house in DC with a general contractor. We want to go from our current basement height of 6'9" to 8' or above. Our contractor shared 2 options for how we could do this. He said we could...
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Does anyone know what percentage of rent increase is allowed in city of Lancaster, County of Los Angeles?
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Hi all,
I am a brand spanking babies bottom investor. I am looking at my first triplex and need your feedback. I analyzed the job market and population and they are both holding steady where I am looking. My conce...