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Updated about 2 years ago, 01/02/2023

User Stats

25
Posts
15
Votes
Andrew O.
15
Votes |
25
Posts

Increasing Rent Process

Andrew O.
Posted

Good afternoon,

I recently purchased a fourplex fully occupied and all tenants are month-to-month paying under market rent. I want to increase their rent and I have a letter written explaining the increase, but I was told hand delivering it is the best way. The tenants either pay rent online or mail a check so I don't have a reason to go to any of the units. Should I just text the tenants telling them I have to increase rent and I have a letter I'd like to give them? I'd like to give them the news in person, but I'm not sure what to text the tenants to give me a reason to go to the fourplex? I'm looking forward to any suggestions on how I should give the notice.

Thank you!

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