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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesIncreasing rent on new property
Asya Evans's profile image
Asya Evans's profile image
Asya Evans
  • Rental Property Investor
  • from Stratford, CT
  • Member since May 9, 2017
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Asya Evans's profile image
Asya Evans's profile image
Asya Evans
  • Rental Property Investor
  • from Stratford, CT
  • Member since May 9, 2017
Connect
Asya Evans
  • Rental Property Investor
  • Stratford, CT
1
Votes |
25
Posts
General Landlording & Rental Properties

Increasing rent on new property

Asya Evans
  • Rental Property Investor
  • Stratford, CT
Posted Sep 30 2019, 11:05

How do I go about increasing the rent on my new tenants? I’m closing in October and their lease will need to be renewed December 1st. Do I just write up the contract with the new monthly rent amount or have a verbal conversation first?

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