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

1,888
Posts
1,045
Votes
Jack B.
  • Rental Property Investor
  • Seattle, WA
1,045
Votes |
1,888
Posts

Raise the rent and risk getting bad tenants?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

Two different houses. One, the guy has rented from me for 7-8 years. I've raised rent once, 3 years ago to bring it closer to market. He has bad credit and can't buy a house, but he can certainly rent a new one albeit with the foreclosure on his record it's harder. I am not big on dealing with hassle this year, but I also have it rented by $500 a month less than market. That's 6K a  year...Raise his rent and risk him moving and dealing with crummy tenants or stay put?

Another rental, 3 software engineers each of which have six figure incomes. I think raising the rent on them by $200 (they've lived there for 2 years) isn't likely to cause them to move, they have chickens and such in the yard, they are comfortable there. 


Raise their rent or not?

Loading replies...