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Updated almost 5 years ago,

Nitin Suma's profile image
Nitin Suma's profile image
Nitin Suma
  • Member since Feb 28, 2020
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Nitin Suma's profile image
Nitin Suma's profile image
Nitin Suma
  • Member since Feb 28, 2020
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Nitin Suma
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General Landlording & Rental Properties

Bringing Tenant rent upto the Market value

Nitin Suma
Posted

Hi

I recently bought my first fourplex unit in Fremont CA and excited about it. Currently two unit are vacant and two of the unit has a long term tenant with very low rent almost half the market price which brings me negative cash flow. What are my option here to increase the rent at lease 10 to 15 percent below Market rate ?

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