Afford Anything cover image

Ask Paula: Help! My Bills Are Too High

Afford Anything

00:00

How to Calculate a Cap Rate on a Long Term Tenant

Long-term tenants are worth their weight in gold for the fact that they spare you from the costs of turnover. Good long term tenants who stay for five years, ten years, 15 years can be a real asset to your property portfolio. The lease can always state that the rent is going to be first x 12 months and then it will adjust by three or four percent per year at the twelve month mark. And congratulations on the sixth family we've built! We're looking forward to seeing how this turns out.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app