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Updated over 8 years ago, 06/22/2016
Rent Increase: How do I do it?
I inherited tenants from my first purchase and their leases will expire in a few months. I've sent them notices of rent increase for when their leases expire and requests to sign into new leases. I'm wondering, if they don't want to sign a new long term lease and want to go month to month, do I need to sign them into a new month to month lease that states the raised rent? How does that work?