Landlord Question and Answer Forum
Best month to raise rents?
What's the best month to raise rents? I tend to only raise once every two or three years 5%. I want to start annual increases of 2% to 3%. Can you recommend the best month for annual increases?
jeffery p, CA on Monday, April 27, 2009
Ref:
RE: Best month to raise rents?
When I have a tenant on a month to month lease and I am ready to increase, I usually do it on the anniversary of when they moved in.
Posted by
Donna , NC
on
Tuesday, April 28, 2009
Ref:
RE: Best month to raise rents?
The 12 month anniversary of the lease date. It makes it easier to keep records using the same date. Except in your case, if you haven't raised the rent in so long, NOW is the time to raise the rent, with the proper notice, of course. Did you realize that when you do not raise the rent each year, that you devalue your property?
Posted by
KJ B, CA
on
Wednesday, June 17, 2009
Rent Receipt
This standard rent receipt records every aspect of a tenant’s payment, including amount, payment type, and date. Also includes memo space for individualized record-keeping.
with State Assist guidelines
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Property Management Agreement - Property Management Contract
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Lease Renewal Notice
Extend the terms of an existing lease with just a few clicks of the keyboard using this customizable form.
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Direct Deposit Billing Authorization
This document asks for the tenants authorization to automatically debit a tenants' bank account for the rent each month.
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