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raising tenant rents, cont.
lisaarianna
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7-5-2009 11:30 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c8e7f347-56c5-4489-afa1-c62355e7a960/1B8BF021-BBEC-403F-9954-9C248C9BAA57/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://ezinearticles.com/?Landlord-Tips---How-to-Raise-the-Rent-on-Your-Rental-Agreement&id=2207187" href="http://ezinearticles.com/?Landlord-Tips---How-to-Raise-the-Rent-on-Your-Rental-Agreement&id=2207187" style="font-size: 11px;">ezinearticles.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ezinearticles.com/?Landlord-Tips---How-to-Raise-the-Rent-on-Your-Rental-Agreement&id=2207187"><P>Tip 5: Research Market Rents Carefully and Beat the Competition... Barely</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ezinearticles.com/?Landlord-Tips---How-to-Raise-the-Rent-on-Your-Rental-Agreement&id=2207187"><P>Moving is expensive, and tenants would have to start all over with a new rental agreement and new landlord. If your rent is less than local market rents, try raising it to just under the local average, so that it doesn't make fiscal sense for your tenant to move. For example, if you currently charge $875, and area rents for comparable rental homes is $1,000, raise the rent to $975, and when your tenants balk, tell them that they're welcome to check out the house across the street available for $1,000, or the house a few blocks over available for $1,250, or the one up the street that's also $975, and explain that their rent is still below area market rents.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1B8BF021-BBEC-403F-9954-9C248C9BAA57/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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