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Updated almost 2 years ago,
Rental contract ends soon
Hi all ,
I have a rental property and the contract ended on Feb/2023 . The tenant asked me to extend the contract till end of April and we signed on the date changes.
Yesterday the tenant asked me to extend the contract one more till the end of June.
I didn't increase the rent when we signed the first extension and I am wondering if I can do it now for the 2nd extension.
I was planning to increase by $50-$70 a month but not sure how I should approach this with the tenant., when she is adding 2 month to the old agreement over and over
This is also an out of state property and I will need to pay for an agent to find me a new tenant incase she decide to leave - and that will cost me way more than the extra $50-$70 I planned to increase