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Updated almost 11 years ago on . Most recent reply

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Brad Fry
  • Investor
  • Peoria, AZ
0
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12
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Asking more for rent once you screen an applicant...Legal?

Brad Fry
  • Investor
  • Peoria, AZ
Posted

I have had a few applicants for one of my rental properties that are in my B rate qualifications box.  Is it legal to offer the property for rent to a potential tenant but raise the rent from what I had originally advertised the property for?

thanks.

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Jody Young
  • Real Estate Agent
  • Owensboro, KY
28
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126
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Jody Young
  • Real Estate Agent
  • Owensboro, KY
Replied

If the applicants are in one the HUD protected classes, I think this could invite discrimination accusations unless you have a clear, concise, and written waterfall system that demonstrates your increases are based on any/all applicants criteria.

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