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Updated over 9 years ago on . Most recent reply

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Adrian Smude
  • Rental Property Investor
  • Plant City, FL
379
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1,107
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When to send rent raise letter?

Adrian Smude
  • Rental Property Investor
  • Plant City, FL
Posted

Hello BPers, I'm looking for feedback of when you inform your tenants rent is going up and why you do it at that time...?

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Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
1,554
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2,714
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Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
Replied

Since I have one- and two-year leases with 60-day notice requirements, I send the letter 90 days before lease end so they have that month to figure out if they are staying at new rates or give proper notice.  

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