Quote:
Originally Posted by Lomac
Here's all you need to know if you want to start charging more money:
Here's the fine print regarding that:
I know it's a giant wall of text to read, but it's all laid out there if you wanted to try and up your rent above the standard rate.
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It doesn't work as easy as you think.
The moment you try to increase rent, the tenant quickly files for dispute. 1) You will then have to wait for the hearing which is 2 months queue and wait.
2) Then it's your turn to find ways to justify and you have to show the officer why. (it's super painful)
*Cheap* is subject so you have to make sure you have a huge list of examples.
9/10 times, owners lose. (based on the cases I've dealt with).