Tell my tenant I’m going to raise the rent?

Tell my tenant I’m going to raise the rent?

Colby FullerPro Member
Rental Property Investor · Anchorage · Member since 2016 · 28 posts · 30 votes

Hey everybody, I just got this email from my tenant and was wondering what would you guys do. I have a property manager (Doc is his name) who is quite nice and I have doubts he would actually say I am planning on kicking them out, which I’m not..at this time. They haven’t been the best tenants, but they do pay their rent and haven’t had any Major problems. I do plan on raising the rent $200 for next lease and making it mandatory for direct deposit when it’s time to renew the lease in June 2018. Do I tell them that’s what I’m going to do? Should I share this email with my property manager? Thanks for your input!

——————from my tenant———————

“Just wanted to say thank you for getting that door done it looks really nice and it doesn’t leak any air. The tree in the front yard is gone sorry it took us so long to take care of it we’ve just been really busy the whole family has been sick lately.

Just wondering what’s going to happen when our lease is up doc has been threatening us that you’re going to kick us out. Just wondering if that is true or if he’s just being a jerk to us. We have been looking into buying a house or building a house I just don’t think that we’re going to be able to do it before our lease runs up. Due to no properties being available in this area at this time and the time to build a house takes a while. If you are willing to let us sign another lease when this lease ends then we can set up direct deposit if you’ really want to do this. We can set this up for January at the first the year.

Happy holidays”

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  • Earth · Member since 2017 · 297 posts · 187 votes
    8y
    I would want to share the email with my property manager, and see his response on “threatening tenants” or not. I want to find out the truth, why the tenants lie? Or what is the reason behind that my property manager “threatened them”? My guess is the property manager did threaten them. Why would the Tenant lie about it? My guess may be wrong. It is only December 2017, still have a long way from June 2018. You don’t need to tell them in advance that you will raise their rent for $200 per month now. Have the property manager Tell them later around April 2018. The amount you want to raise may be different anyway. Maybe the rental will be super hot and you want to raise $300 per month, or the rental market has cool down and you want to raise only $100. Since you pay for the property manager for the job, let the property manager to tell the tenants about raising rent. Before response to the Tenant, I would share the email with the property manager and discuss with the property manager, and ask the property manager for advice how to response to the tenants. After his advice, make your own judgment and make final decision.
  • Colby FullerPro Member
    OP
    Rental Property Investor · Anchorage · Member since 2016 · 28 posts · 30 votes
    8y

    Thanks for the sound advice @Mary L. I was actually leaning towards getting his take on it for the reason you mentioned. To find out the truth and cause I am paying him.  I really appreciate your time to give me input. Take care!

  • Rental Property Investor · Atlanta, GA · Member since 2016 · 325 posts · 253 votes
    8y
    You may want want to share this with the property manager but remember you have a property manager for reason. Under no circumstances you want to undermine him or else he will not be able to do what you hired him to do. I manage on my own but if I choose to have a PM then I will stay out of all business of communicating with tenants unless something is extremely critical. At the same time, you want to ensure that your tenants are treated with respect and dignity especially when they are paying on time every month and even if they are not you always be professional. So you may want to have a word with Doc but minimize your direct communication with tenants.
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