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Updated about 2 years ago on . Most recent reply

Matthew Schellberg's profile image
Matthew Schellberg's profile image
Matthew Schellberg
  • Homeowner
  • from Reno
  • Member since Dec 25, 2022
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7
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Matthew Schellberg's profile image
Matthew Schellberg's profile image
Matthew Schellberg
  • Homeowner
  • from Reno
  • Member since Dec 25, 2022
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Matthew Schellberg
  • Homeowner
  • Reno
5
Votes |
7
Posts
Managing Your Property

2 Year Rental Agreement - Built-in Price Increase after Year 1?

Matthew Schellberg
  • Homeowner
  • Reno
Posted

My prospective tenants for a 2 bed and 2.5 bath condo (Cary, NC) asked for a 2-year lease.  I like the idea of locking people into the property for 2 years but do not want to miss out on additional rent next year.  Anyone on here structured a lease with a price increase after the first year?  I was thinking of countering with a 10% increase after the first year of the lease.    

  • Matthew Schellberg
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