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Updated over 3 years ago on . Most recent reply

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Daniel Rovegno
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Limits on raising rents on tenants for a multi family unit?

Daniel Rovegno
Posted

Hello everyone, 

I’ve found a potential deal but the current owner of the multi-family is significantly under priced on rent. Is there a limit to how much rent can be increased in NC? The Current rent is $675 for a nice 2/2 and similar units are $1000/unit nearby… thoughts/advice !? 

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Jeremy Nault
  • Real Estate Agent
  • Manchester, NH
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Jeremy Nault
  • Real Estate Agent
  • Manchester, NH
Replied

@Daniel Rovegno This is going to be very dependent on your local laws.  I recommend looking into the landlord tenant laws in your area.  

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