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Updated over 8 years ago,

User Stats

17
Posts
4
Votes
Michael Healy
  • Investor
  • Waterford, MI
4
Votes |
17
Posts

Haven't Closed yet. When do I raise rent?

Michael Healy
  • Investor
  • Waterford, MI
Posted

I am in the process of buying a rental property with a tenant already in it. Getting it at a very good price, but I believe the rent to be low. Its at $998 when I think it could be $100 to $200 a month low. The tenant is section 8. This is my first rental, so I'm wondering when I should request a rent increase. Any help would be greatly appreciated. THANK YOU!

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