Under market rent tenants

[Anastasia Rodriguez]

Hello everyone! So I’m officially under contract for my first multi unit house hack, but I’m having a bit of hesitation about the 2nd unit. The tenants are wayyy under market rent but have been there over 10 years so they must be somewhat reliable on payment, unfortunately this means I’ll have to cover a larger portion of the mortgage than makes financial sense. I know the unit will rent for more, but the holiday season is coming up and I would love to have some money to cover the mortgage than just having a vacant unit throughout the winter until more renters are looking to move. Has anyone had experience on finding tenants throughout the holiday season or any advice on how to handle the situation?