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Updated about 2 years ago on . Most recent reply

Cameron Riley's profile image
Cameron Riley's profile image
Cameron Riley
  • Rental Property Investor
  • from Phila, PA
  • Member since Oct 17, 2018
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Cameron Riley's profile image
Cameron Riley's profile image
Cameron Riley
  • Rental Property Investor
  • from Phila, PA
  • Member since Oct 17, 2018
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Cameron Riley
  • Rental Property Investor
  • Phila, PA
118
Votes |
553
Posts
General Landlording & Rental Properties

Raising Rent Based On A High Amount Of Applicants?

Cameron Riley
  • Rental Property Investor
  • Phila, PA
Posted

Posted a home for rent... I do city rentals! 

- At the open house, a bunch of people applied...

- Can I raise the rent that I had previously listed the house at? I have many good tenants to choose from and I want to make sure I do this the right way and get maximum possible rent. 

Is that discriminatory to raise rent based on demand? 

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Carrie Young's profile image
Carrie Young's profile image
Carrie Young
  • Real Estate Investor
  • from Dallas, TX
  • Member since Dec 9, 2016
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Carrie Young's profile image
Carrie Young's profile image
Carrie Young
  • Real Estate Investor
  • from Dallas, TX
  • Member since Dec 9, 2016
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Carrie Young
  • Real Estate Investor
  • Dallas, TX
18
Votes |
13
Posts
Carrie Young
  • Real Estate Investor
  • Dallas, TX
Replied

Yikes, you could get in trouble with fair housing laws. Just pick the best applicant so they don't ruin your house. Do a better market survey next time...

4 Votes
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