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General Landlording & Rental Properties

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Ross Baggay
  • Rental Property Investor
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Raising Rent In Norman Oklahoma

Ross Baggay
  • Rental Property Investor
Posted Jun 20 2022, 13:55

I am renting out a house I own in Norman Oklahoma. I currently have tenants in place with utilities included in their lease. They have been using much more electricity than I expected. My question is: am I able to raise the rent to account for the additional electricity costs or would I need to wait until the lease expires? They currently still have about 6 months left. Local investor replies would be greatly appreciated!

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