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Updated over 7 years ago on . Most recent reply

Carrie A.'s profile image
Carrie A.'s profile image
Carrie A.
  • from Dubois, Indiana
  • Member since Mar 29, 2016
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Carrie A.'s profile image
Carrie A.'s profile image
Carrie A.
  • from Dubois, Indiana
  • Member since Mar 29, 2016
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Carrie A.
  • Dubois, IN
16
Votes |
120
Posts
General Landlording & Rental Properties

Closing tomorrow. One tenant with no lease.

Carrie A.
  • Dubois, IN
Posted
I close on a duplex tomorrow. Both sides rented out, but only one tenant has a lease. They both pay super low rent, one pays $509, the other pays $400. (the 400 is the brother to the present owner) would it be wrong to raise the brothers rent at the same time I have him sign a lease?
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Eddie Memphis's profile image
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Eddie Memphis
  • Investor
  • from Englewood, Colorado
  • Member since Jun 24, 2015
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Eddie Memphis
  • Investor
  • from Englewood, Colorado
  • Member since Jun 24, 2015
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Eddie Memphis
  • Investor
  • Englewood, CO
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Eddie Memphis
  • Investor
  • Englewood, CO
Replied

Nope.

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