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Updated 10 months ago,

Account Closed
  • DFW
27
Votes |
62
Posts

Should I decrease the rent?

Account Closed
  • DFW
Posted

My father rented a 6 bedroom, 3 bath home to 10 people before he passed away last year for 3,100/month. Now that the lease is expiring soon ,the tenants are asking for a rent decrease because five people will move out. The tenants are good so far and have been living there since 2022.  The tenants are on a fixed income and were getting help from the other five family members for the 3,100 rent. The market rate seems to be at or more than 3,100. Should i call a property manager?

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