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Updated about 4 years ago,

Moncy Samuel's profile image
Moncy Samuel's profile image
Moncy Samuel
  • Investor
  • from Suwanee, Georgia
  • Member since Apr 25, 2015
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User Stats

114
Posts
24
Votes
Moncy Samuel's profile image
Moncy Samuel's profile image
Moncy Samuel
  • Investor
  • from Suwanee, Georgia
  • Member since Apr 25, 2015
Connect
Moncy Samuel
  • Investor
  • Suwanee, GA
24
Votes |
114
Posts
General Landlording & Rental Properties

How to increase Rent for a long term tenant

Moncy Samuel
  • Investor
  • Suwanee, GA
Posted

I have a long term tenant, who is paying $500 for a 2 BR, 1 Bath apartment unit. Current market rent is $950 per Rentometer.

I don't have an lease agreement with the tenant which was expired long time back.

Please let me know how to proceed with a rent increase. (Also, Tenant is single and was paralyzed due to stroke). City is Athens, GA

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