All Forum Posts by: Yashira Quinones

@Mason Hickman Thank You! Everything was verbally. It was a family of their previous owners so they didn’t ask for last month or security deposit. I did my research and a three bedroom in this area is not lower than 1,300 they pay 700. 

Today I close on my first property. Yay! A two family here in Massachusetts. Tenants are paying way below market rent. How do I go about increasing rent if is already the end of the month? They don’t have a lease in place and have not been paid last month or deposit. 
I hope someone can give me some advice.