Landlord Question and Answer Forum
I just bought a investment property in CO and I want to raise the rent, does the prior lease apply to me even though I am the new owner?
Hui Z, CO on Sunday, July 12, 2015
RE: Rent Increase
I'm pretty sure you have to follow the current lease. Once the current lease, expires you can make changes.
Posted by
Douglas B, MD
on
Sunday, July 19, 2015
RE: Rent Increase
This article https://rentberry.com/blog/tenant-turnover states that you may increase the rent by the end of the lease. It also contains useful tips on how to raise rent carefully and to keep you current tenants. As you're a new landlord I thought it could be useful information. You need to understand that raising the rent requires a lot of good business skills, marketing research, public relations with tenants and legal requirements.
Posted by
Ross A, NY
on
Friday, December 9, 2016
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