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Updated over 4 years ago, 06/17/2020

User Stats

447
Posts
63
Votes
Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts

Feeling confused to raise rent!

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello,

My tenant currently pays below market rent at least by $200 a month. They are a couple and keep the home really clean.I am afraid increasing the rent will make them want to move out. The tenant once admitted he has OCD so he wants to keep everything clean,I feel they are perfect tenants to have to navigate this pandemic.I am somewhat reluctant to vett new tenants now due to the corona virus, besides not everyone is on the same page about Corona safety protocols.I prefer to err on the safety side since we are not dealing with just another flu virus so I have this fear of unknown.

Appreciate if anyone here can provide any suggestions or if they have been in a similar situation.

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