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Updated almost 6 years ago on . Most recent reply

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5
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Antoinette Wooden
  • Real Estate Agent
  • Columbus, OH
1
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5
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How do you explain why the rent is increasing?

Antoinette Wooden
  • Real Estate Agent
  • Columbus, OH
Posted

How would you explain to a long term Commerical tenant that we need lease renewals with increases? They have been with us since 2010 and are upset they are getting a 30 dollar increase.

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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
9,407
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6,023
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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
Replied

Tell them gas And upkeep for your Lamborghini isn’t cheap these days so he must pay more to cover the extra costs of maintaining it .

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