- Joined
- Oct 15, 2011
- Messages
- 11
We own properties mostly in Alberta. A current Airdrie tenant is asking for a lower rent with a lease renewal. This is due to the family's income being lower than before (or she checked the current rent levels).
We are looking for advise on how to handle this as the Alberta economy is what it is...
The tenant is good, pro-active and always pays rent on time. She is asking $1,600 vs current $1,850 for a higher end 3BR townhouse. The property would still cashflow $300.
We are looking for advise on how to handle this as the Alberta economy is what it is...
The tenant is good, pro-active and always pays rent on time. She is asking $1,600 vs current $1,850 for a higher end 3BR townhouse. The property would still cashflow $300.