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Updated about 6 years ago on . Most recent reply

Sachin H.'s profile image
Sachin H.'s profile image
Sachin H.
  • from Maricopa, Arizona
  • Member since Sep 13, 2017
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Sachin H.'s profile image
Sachin H.'s profile image
Sachin H.
  • from Maricopa, Arizona
  • Member since Sep 13, 2017
Connect
Sachin H.
  • Maricopa, AZ
54
Votes |
30
Posts
General Landlording & Rental Properties

Rent increase question

Sachin H.
  • Maricopa, AZ
Posted

Hey Guys,

My first investment property is up for renewal shortly.  It is in Villa Rica, GA (20 miles from Atlanta) and currently the family pays $1250.  I'm not sure if they want to renew it or not.  The contract says it is converted to month to month after with $100 increase.  If they want to renew it for another year, how much should I increase it by?

Thanks in advance

Sachin

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