Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

19
Posts
9
Votes
Felix Renaud
9
Votes |
19
Posts

How to deal with tenants paying super low rent?

Felix Renaud
Posted

Hi everyone!

I currently have a property that suits my criteria, but their is one big problem. The property is a quadplex that has tenants paying less than half of market rent at this moment. To maximize my cash-flow on this purchase, I would like to increase rents to the market value by finding new tenants but I am not sure how I could get the tenants out. Their lease ends in 6 months, so is their any way to fix this problem? Also, I am from Quebec, Montreal so the laws will differ from some other place. 

Any advice would be so appreciated, thanks!

Loading replies...