Re: New Property with Tenants - Landlord Forum thread 344496

Re: New Property with Tenants by Magic Mike on April 19, 2016 @16:45

Trolls abound! I would not worry about it OP.

You should send an introductory letter. You need to tell them how to communicate with you, how to pay you, how to make repair requests, etc.

If you are going to raise rent, then just give the proper notification. If they move out, they move out. For $100 below market, I would risk it. But that's a business decision you need to consider for yourself.

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Re: New Property with Tenants by Anonymous on April 19, 2016 @16:59	[ Reply ]

The OP said she knew how to handle the business side of things. Why are you repeating what she already knows?

Re: New Property with Tenants by anon on April 19, 2016 @19:04	[ Reply ]

She can't change the rent. She does not own the property yet so no paperwork should be sent to residents.

Re: New Property with Tenants by M (WI) on April 19, 2016 @22:37	[ Reply ]

Of course I would wait until I officially own the place to send any rent change notices

Re: New Property with Tenants by M (WI) on April 19, 2016 @22:36	[ Reply ]

Thank you :)