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Updated almost 4 years ago, 01/29/2021

Melody R.'s profile image
Melody R.'s profile image
Melody R.
  • Real Estate Agent
  • from Los Angeles
  • Member since Oct 28, 2018
  • Posts 80
  • Votes 75
  • Experience 16 Yrs
  • Investments 6
Connect

User Stats

80
Posts
75
Votes
Melody R.'s profile image
Melody R.'s profile image
Melody R.
  • Real Estate Agent
  • from Los Angeles
  • Member since Oct 28, 2018
  • Posts 80
  • Votes 75
  • Experience 16 Yrs
  • Investments 6
Connect
Melody R.
  • Real Estate Agent
  • Los Angeles
75
Votes |
80
Posts
General Landlording & Rental Properties

Best way to increase rent by $300 per month & keep tenant?

Melody R.
  • Real Estate Agent
  • Los Angeles
Posted

I'm renting a SFR well below market. The tenants have been renting for almost a year, we have a month-to-month agreement. They are great tenants and I really hope to keep them but I need to increase the rent by $300 per month which is a 10% increase. What's the best way to do this while retaining the tenant?

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