Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Molly Turner
1
Votes |
7
Posts

Can I increase rent PRIOR to lease signing? - repairs needed

Molly Turner
Posted

Can I increase the rent from what was advertised, PRIOR to a lease signing and with full disclosure? I discovered an expensive needed repair, after I showed it to an interested party.  They have not received a copy of the blank lease from me yet and they have not paid an application fee or put any money down.  They did see the original rent payment on the ad and it was discussed during the showing.  Has anyone had this situation? Thoughts?   

Most Popular Reply

User Stats

23,418
Posts
13,510
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

I assume you can, but realize, a unit is assumed to be in working order, your costs have nothing to do with market rent. 

Loading replies...