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 over 3 years ago,

User Stats

71
Posts
14
Votes

Can i charge more rent for month to month in NJ ?

Margharita Silva
Posted

Hi everybody, 

I have a tenant in my condo in NJ.

She sent me an email asked me out of the blue if i intend to offer her a new lease once her lease is up and asked me "my intentions"? This same tenant very abruptly wanted to leave a few months ago but then changed her mind all of a sudden, so i was assuming she would leave when her lease is up (in 6 months) but she emailed me asking if i will renew her lease. 

I feel a bit naive about responding to her on email right away and saying i would offer her a new lease if she wants and only charge her $10 more because the parking fees went up. 

I thought she would follow up thanking me and expressing some thoughts but she just complained about the stove and asked me to fix it instead (which is fine) 

To cut it short, i regret emailing her so casually and saying i won't raise her rent and since she didn't jump on this, i am wondering if i can offer her a month to month or a 6 month lease but with a much higher amount when her lease ends?

For example can i say option a) 1 year lease with X amount (with $10 increase) b) 6 month lease or month to month with X amount (say $50/60 higher) 

We don't seem to have very communication with this tenant and she has been very abrupt lately, so i wouldn't be surprised if i get another surprise from her so i just want to have some security if she abruptly decides to move again. 

Thank you! 

Loading replies...