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Real Estate Marketing
Once you've purchased an investment property to rent out as a landlord you next step is determining how much rent you can charge the tenant. Use this guide to learn how to research the rents in your local real estate market and ensure you are charging the right price to not leave any money or profits on the table as well as to avoid vacancy of tenants leaving due to high rent.
Is It Legal for My Landlord to Raise the Rent? Whether or not your landlord can raise your rent depends on a number of variables, including the terms of your agreement and where you live. But here are some general guidelines. 1) A Long-Term Lease Protects You; 2) Rents Can Go Up When a Lease is Renewed; 3) Rental Agreements are Less Protective; 4) Sometimes, Rent is Controlled; and 5) Discrimination and Retaliation are Illegal.