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Updated over 11 years ago on . Most recent reply

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Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
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Do you raise rents annually?

Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
Posted

Just wondering if you landlords out there institute automatic annual rent-increases. I give myself the option in the lease, but do not typically. Good tenants are hard to find and I don't usually tock the boat. You?

Most Popular Reply

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4,456
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4,295
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Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
4,295
Votes |
4,456
Posts
Ben Leybovich
  • Rental Property Investor
  • Phoenix/Lima, Arizona/OH
Replied

Sabrina Carapia The law in Ohio to make any changes either side must give notice 30 days prior to commencement of rental period. Naturally, if there is a time-framed lease involved, no changes can be made outside of both parties consent to an amendment. Month to month, though, 30 days prior to commencement is the law her. Florida is a reciprocating state to Ohio so quite possibly this law is the same there

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