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All Forum Posts by: Amethyst Green

Amethyst Green has started 1 posts and replied 2 times.

Post: Advice on Raising Rent

Amethyst GreenPosted
  • Investor
  • Posts 2
  • Votes 2

Thank you all so much for passing along your experience and advice.   After inheriting these tenants after closing this helps me as we get close to the first lease renewal.  The way you presented this gives me a great path forward to approach this.  Thank you again!!  

Post: Advice on Raising Rent

Amethyst GreenPosted
  • Investor
  • Posts 2
  • Votes 2

Hello all, I know there's a lot on here I've filtered through on raising rent.  I have a strong pulse on the laws in my state and understanding the rules on raising rent (no rent control) That said, I could really use some advice on raising one of my tenants rent.  I have closed on my first duplex and the first time I'm raising rent.  One tenant will be leaving and creating a vacancy in January.  The second, will be a long term tenant, she has autopay and is low maintenance and do not want to lose her as a tendant.  

However, her rent is really low.  She is at $1100.  a month and market for the unit is $1650 .  

Could you all please share your experience, your advice would be so helpful.  

Thank you!!