General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Bought Rental Property- Raise Rent
My husband and I just bought a duplex, and there are currently tenants living on one side. They were paying month-to-month with the prior owners and currently have no rental agreement. Their rent is very low and we need to raise it by at least $200.00. What would be the best way to approach them as their new landlords and raising the rent?