Buying & Selling Real Estate Discussion

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Paul M. DeAngelis
  • Farmingdale, NY
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How to raise the rent?

Paul M. DeAngelis
  • Farmingdale, NY
Posted Aug 3 2019, 04:50

BP,

Just closed on a condo and inherited a tenant who is there on a month to month lease. She has been a tenant for a couple years and is very clean and always pays on time.

It is in our strategy to raise the rent a couple hundred dollars at the start of the new year.

What would be the best way to go about doing this as to not upset the tenant too much?

Thanks!

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