Re: Notice to Raise Rent on Renewal, or Not Renew?

Re: Notice to Raise Rent on Renewal, or Not Renew? by Matsui (NYC, NY) on July 24, 2012 @10:29

Good points raised. Always a possibility their lender doesn't approve mortgage, renovations are delayed, etc. Perhaps I am overly sympathetic to the tenant's situation and should just tell them to vacate in 60 days so I can get my new tenant in, as John-PA-LL suggested.

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Re: Notice to Raise Rent on Renewal, or Not Renew? by jannie (IL) on July 24, 2012 @12:39	[ Reply ]

We made the mistake with our tenant allowing them to stay a couple months which caused us to miss the prime college market. In your situation. I would probably just raise slightly the rent and say the lease has to run instead of Jan, March which is a much better time to start looking for renters. and after March can go month to month.

Re: Notice to Raise Rent on Renewal, or Not Renew? by John-PA-LL on July 24, 2012 @16:16	[ Reply ]

Take the Bird in the hand! Best intentions will get you jammed up!