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Updated over 4 years ago,
Renter changes mind and stay at low rent?
My tenant of 2 years gave notice to vacate , so I offered her a lease at 900 a month , which is $200 less than her current rent. ( she’s alone now, and I was afraid of a vacancy. ,) but She said no renewal .
So i advertised the house and got many people interested for $1100 .
but now because of Covid , she wants to stay for 900 .
she’s a great tenant , but I’ll lose
$ 2400 a year in rent with her lower rate
Would it be unreasonable to ask her for more , maybe 1000, even though I sent her the new lease for 900? Nothing signed yet .
Thanks