Is there a limit to rent increases on a month to month lease in Wisconsin? I am looking to do go from $1,850 to $2,300.00. They have been a long good tenant . Also dose anyone the amount of notice I need to give ...
BP,I have a tenant that moved into a property Jan 2021. I did not raise the rent at the one year mark. The rent is $900.00 a month for a 3bed house. Rents have gone up drastically and after doing a market analysis the...
Delivering my first rent increase letter. Original lease expired and it's now in month to month stage. Good tenants and I want to keep them. We have good communication and no issues. I've seen it both ways online, do ...
I own a single family house in suffolk county that for the past 3 1/2 years has been rented to a family of 4. Their current lease was for 18 months and expires July 31, 2023. They informed me that they will not be re...
Hi On one of my properties, I just requested rent to increase from$2300 to $2450.Now,the teanent wants to move out due to her budget. It is 3 bed with 1850 sqf.It is brand new home. Also she is a great teanent and I n...
Hi BP,I've been reading Gary Keller's Millionaire Real Estate Investor, and I'm at the section where he discusses increasing NOI on your properties. One of the strategies he mentioned is increasing rents, and in the b...
Hi BP Fam, Some months ago, I read or heard on a podcaset episode detailed information on creating a letter for lease renewal and rent increase. I can not seem to find this information anywhere. Can someone guide me t...
Just an observation and could just be around me but I've noticed quite a few owners we have selling their rentals properties since the rental market has been lower compared to a year ago and the condo associations hav...
I'm in Connecticut. I purchased a 2 family and the 1br had a tenant. They pay $1000/mo now. Rents in the area for a 1br can go up to $1150. I couldn't find any law that capped increases at lease renewal, if I go to $1...
I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent.
I provide a...