Updated over 4 years ago on . Most recent reply
Higher price for month to month?
My tenants lease is ending and I told them I am going to raise rent by $50. (Gave a 60 day notice)
They have requested to be month to month in case the market crashes and they can buy a house.
I think I’m fine with them going month to month, but should rent be even higher now?
They pay $1200 a month, and market rent has gone up to $1400 a month.
Was only going to charge them $1250.
But now I feel like I should charge $1300 for month to month.
Is this reasonable?