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Updated over 5 years ago,
Purchasing my first duplex with a tenant
Hi everyone!
I’m purchasing my first duplex and inheriting what appears to seem like reliable tenants. This couple has lived on the property for 8 years. They rent a 2/2 with Brand new kitchen and bath for $800 in Audubon, NJ. Apartment can be rented for 1k. Should I raise the rent? If so, is $900 too much?