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All Forum Posts by: Riley Zane Crebs

Riley Zane Crebs has started 1 posts and replied 2 times.

Post: [Calc Review] Help me analyze this deal

Riley Zane CrebsPosted
  • Rental Property Investor
  • Hayden, ID
  • Posts 2
  • Votes 0

@Joe Hines  Yeah my question was related to having an existing tenant.  Makes sense giving the tenant a heads is my only option. 

Post: [Calc Review] Help me analyze this deal

Riley Zane CrebsPosted
  • Rental Property Investor
  • Hayden, ID
  • Posts 2
  • Votes 0

View report

*This link comes directly from our calculators, based on information input by the member who posted.

I'm just starting out in my real estate endeavors.  I have a property I'm purchasing and I need to raise rent by about $100 to have it decently cash flowing.  The property has a great tenant who pays on time.  (I'm struggling to understand if this is a deal or not). Has anyone had experience with raising rent this high?  For the area it's in the rent is low compared to what I could be getting (some homes in the $1000 to $1150  range).  Any feedback or help would be much appreciated.