Rent late and rent increase

[Shannon Jarrett]

Hey everyone! My tenant owes $200 rent for November & now is late for December, also I need to raise rent $25 a month from $675 to $700 month, rent has been $675 for 4 years now and I want to raise by $25 to cover increased cost of Taxes water sewage and garbage disposal. What’s the proper steps I should take to implement these changes? Any help would be greatly appreciated !

[Jaysen Medhurst]

What does the lease say, @Shannon Jarrett? If the tenant is late/not paying you should implement any late charges/eviction procedures. If your property is in Chicago, make sure you talk with your lawyer. I know the tenant laws there are stacked against the landlord.

At the end of the day, it's probably best to get this tenant out and a new one in at the higher rent. Screen well and make sure they have the means to pay.