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General Landlording & Rental Properties

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Brendan O'Brien
  • Property Manager
  • Portsmouth, NH
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102
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Take a tenant at a lower rent?

Brendan O'Brien
  • Property Manager
  • Portsmouth, NH
Posted Aug 3 2008, 10:48

I just did this and now I am unsure about it - rented to a new tenant at a rent lower than what I had been getting. The unit had been unrented for some time. The problem is, now it'll be a while until I have the rent back up where I want it - at least a year until the expiration of the lease, maybe longer.

Anybody deal with a similar situation?

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