Fernando
Elite Member
- Joined
- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
- State
- California
Since Covid, I read that inflation has gone up 24%.
My rents haven't gone up that much. Not close.
And my commercial rents mostly no increase. My rents are not keeping up with inflation and increasing costs of insurance and other expenses.
And few days ago, my newer insurance company said they won't renew. Ugh.
And yesterday, my restaurant tenant who pays late in past several months said his business will be shut down by health department for few weeks. Ugh.
Poor Fernando.
My rents haven't gone up that much. Not close.
And my commercial rents mostly no increase. My rents are not keeping up with inflation and increasing costs of insurance and other expenses.
And few days ago, my newer insurance company said they won't renew. Ugh.
And yesterday, my restaurant tenant who pays late in past several months said his business will be shut down by health department for few weeks. Ugh.
Poor Fernando.