Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

7
Posts
1
Votes
Colton Clark
  • Accountant
  • Salt Lake City, UT
1
Votes |
7
Posts

Rental Seasonality Salt Lake City

Colton Clark
  • Accountant
  • Salt Lake City, UT
Posted

I have a tenant in my townhome in Salt Lake City that his one year lease is ending in June. He’s wanting to extent his lease to the end of Oct. He’s agreed to a 5%-10% rent increase to extend.

My concern is that if I agree, it will hurt me in Nov when trying to find new tenants and what price I can rent my townhouse since there is less demand. Hoping to get advise.

Any advise is much appreciated.

Thanks!

Loading replies...