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Updated almost 6 years ago on . Most recent reply

User Stats

2
Posts
1
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Shady Ibraheem
  • Raleigh, NC
1
Votes |
2
Posts

My house is worth more than what I put in my listing.

Shady Ibraheem
  • Raleigh, NC
Posted

My current tenants got a job offer out of state so now I'm looking for new tenants. I put out a listing asking for 1400$ in rent but the house seems to have a lot of interest to the point where one of the applicants suggested she's willing to pay 1550$ in rent if that guarantees the lease. I'm never going to sign a lease without running my screening but I'm wondering if I should ask people for more rent both to make it easier to manage prospects and to increase profit. Any gotchas there?

Most Popular Reply

User Stats

460
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276
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Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
276
Votes |
460
Posts
Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
Replied

@Shady Ibraheem As long as you make it clear that you are increasing the rent of your apartment for EVERYONE and not just a few prospects then you should not have any issues. Stay within Fair Housing and you should not have any issues...you have not signed a lease with anyone so you are free to set rent at whatever you want.

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