Alex Scotte
rent increase during the pandemic?
My tenants have not missed a payment despite COVID-19 and their lease is up in a couple months. I will be asking them to renew. For awhile, I was planning to raise rent a little because costs for the unit have gone up...
Dalwin Garcia
Increasing Rent in Passaic, NJ
Good morning BP NJ!I currently own 3 two-family properties in Passaic, NJ. I've never increased the rent on my tenants, but I'm thinking of implementing this strategy starting this year. Can anyone help me understand ...
Gerardo Dominguez
Increasing Rents without losing tenants
Hello BP'ers! I need your advice. I have a tenant whose lease is expiring soon. So far she's been a great tenant so I don't want to lose her. However, I also want to increase the rent to get it closer to market ra...
Jennifer A.
Another Question About Increasing Rents
I've own a small handful of rental properties. I have one single family house that I bought in 2012 and another bought in 2014 among other properties.I've been increasing rents on the properties I mentioned above to ...
Bobby Balentine
Rent increase to inherited tenants
Good evening all. When purchasing a property that has tenants and you take possession on the 6th of the month, at what point do you notify the tenants of the increase in rent? Tenants are currently on a month to mon...
Tom Cook
Missed giving rent increase notice
My tenant's one year lease is up for renewal on 2/1/2023. I just realized I should have given them their lease renewal options on 12/1/2022! I spaced making a calendar reminder.I am planning on increasing the rent b...
Kenny Tran
Landlord advice for rent increase
Hi everyone, I wanted to get some advice from everyone.
I recently bought a property in Chicago and I inherited the tenant. The house is a section 8 house and the tenant has been there for 6 years. She is a 65 year ...
Jessica Yau
Oakland Section 8 - rent increase
I recently gave my Section 8 tenant a 60 day notice of a rental increase from $1,095 to $1,300. Section 8 reviewed my request and only approved an increase to $1,200. Any one know what my options are from here? I'm...
Devarra P.
How to Increase Monthly Rent
My question is similar to Robert Morgan question/post on rent increases.I am looking to purchase my first property, tenants are already in place, and the properties I am looking at these tenants have been in place fo...
Minka Sha
50 percent rent increase OK?
I live in midtown Sacramento and pay low 700s for 1 BR. Recently my neighbor got a letter for her rent going up from 700 to 1090, an increase of over 50%!!!What are some ways to avoid this or negotiate before I get a ...