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Updated almost 11 years ago on . Most recent reply
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Raising Rent
I am 2 weeks away from buying my first rental unit. I am planning on raising rent on one of the tenants ( currently receiving family discount). My attorney has looked over the lease, and it does clearly state that I can change lease agreement with 30 days notice.
My question: How do other landlords go about raising rent? Example: Face-to-face, Mail. Hand-delivered notice) Keep in mind I am living in the next house over. Thanks in advance.
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Face to Face with supporting notice in hand...Always keep a paper trail..