Hello all,
They have accepted our offer...so now I am beginning to intellect my brain as much as possible with reading about the tenant laws.landlord laws etc etc.. I also have been reading alot of the posts here on the forum... as what better advice from investors themselves!.
We have renters downstairs, they are paying $700...we are thinking of increasing by $50..the tenants are willing to stay..but I was wondering ..what is the maximim allowed of increase per yr and as for upstairs am I able to get first and last months rent as well as a seperate safety deposit for damages and if so how much can you get. thanks so much!
They have accepted our offer...so now I am beginning to intellect my brain as much as possible with reading about the tenant laws.landlord laws etc etc.. I also have been reading alot of the posts here on the forum... as what better advice from investors themselves!.
We have renters downstairs, they are paying $700...we are thinking of increasing by $50..the tenants are willing to stay..but I was wondering ..what is the maximim allowed of increase per yr and as for upstairs am I able to get first and last months rent as well as a seperate safety deposit for damages and if so how much can you get. thanks so much!