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Updated about 6 years ago,
How much to increase rent? Also..my tenant has a cat(surprise!)
My tenant has been in the house for about 5 months now.
All seems to be going fine. I went to do a minor repair at the house and saw a cat which I never new about. She has two dogs which I knew about. She has a $800 pet deposit ($400 refundable and $400 non-refundable).
Any recommendations on how to handle that?
I was thinking of accessing the "damage" when she leaves and withholding the $400 non-refundable pet deposit?
If the damage is in excess of the $400 I will withhold from the security deposit.
I have carpets in the upstairs portion of the house and the dogs and cats are likely to damage those.
Her lease only expires next year. What percentage should I increase it by? I was thinking at least 2% for inflation/property taxes increases.
Any thoughts/recommendations?
Thanks