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Updated about 9 years ago on . Most recent reply

User Stats

93
Posts
23
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Sonu Sharma
  • Investor
  • Frisco, TX
23
Votes |
93
Posts

Lease extension with a rent increase

Sonu Sharma
  • Investor
  • Frisco, TX
Posted
I need to extend a lease with my tenants who want to continue for one year. This property was managed by a Property Mgmt company until recently (they wrote the original lease) but I had to get rid of them due to their inefficiencies. I want to know how I could write a lease extension - which tools/sites/help I could get ? Also, what kind of increase in the rent should I charge so it is nominal ? It is 3 bed, 2 bath being charged $1320 in Fortworth (76133) section. Thank you for your help !

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