Increasing Rent at Lease Renewal during COVID-19
What have you been/are you planning on doing with lease renewals? Are you renewing at current rates? Going month to month at current rates? Increasing? All my current leases expire end of this month through September and I am considering what to do. So far I’ve been fortunate with only one tenant making payments, and some even paying early. These are B- located properties. Thanks.
Most Popular Reply
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
- 17,025
- Votes |
- 13,633
- Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
Renewing at current at rates.
Not a time to be greedy. Wait a year.