All Forum Posts by: Robert Feiler

@AJ Shepard 100%

@Zachary Jensen in Portland Oregon, where I am presently, there are pretty drastic limitations on when you can increase the rent. Inside city limits you are only permitted to increase rents by a very low percentage each year, HOWEVER when you do so, you’re required to pay the tenant a relocation fee in the ballpark of 3-4K should they wish to move out.

This has incentivized landlords scared of paying this to not increase rents, and, next thing you know it’s 5 years later, you’re 30% under inflation/tax/market rates and can’t do **** about it. I’d expect the politics of your area to closely follow suit if they haven’t already. Moral of the story being - if you don’t do it today you won’t be able to catch up tomorrow.

Make sure the zoning “layer” is turned on for that map. 

you can find your property’s zoning here: 

https://charlotte.maps.arcgis....

zoning classifications are covered in city ordnance’s I believe. I’ll look for you but have to run, check the city website for your zoning code and I’m sure something will come up. Definitely do not want to break those codes. Good luck man. 

@Alexander Clark hey Alex, I am new to the area as well but think there is some value to be had with collaborating with a conversation in the least.

Would love to hear your progress networking so far. When is the official move??

@Melissa Belk thanks for the tip, Melissa!