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.
Managing Your Property
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 about 1 year ago,

User Stats

3
Posts
0
Votes
Pedro Leon
0
Votes |
3
Posts

Rent Increase Question

Pedro Leon
Posted

Good day,

So my mother in-law owns a duplex in Cape Coral, Fl. She lives in one side and rents out the other. The place is paid off. She has been renting out the other side of the house to the same tenants for 6 years at a massive discounted rate with no lease. I am working on drafting up a lease for her to give them. Are there any restrictions for the amount you can raise the rent? I'm not concerned with them deciding to move out if the number is too high. Looking at just getting it back to market rate because we are looking to rent out both sides within the next year.

Appreciate any thoughts!
Pedro

Loading replies...