In my country, there is a policy. A landlord can increase the rent every year if he or she wants. If such a rule exists in your country, would you increase the required amount of rent every year if the tenant is really good?
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It is not fair to just increase the rent fee just because you feel like. You need to consider some factors if not you would be sending your tenants packing in no distant time.In my country, there is a policy. A landlord can increase the rent every year if he or she wants. If such a rule exists in your country, would you increase the required amount of rent every year if the tenant is really good?
It is not fair to just increase the rent fee just because you feel like. You need to consider some factors if not you would be sending your tenants packing in no distant time.
It depends on many factors. If for example cost of maintaining the the hostel is rising and I see the amount l always collect isn't enough for the maintenance costs, l would have no option than to increase the tenant rent.In my country, there is a policy. A landlord can increase the rent every year if he or she wants. If such a rule exists in your country, would you increase the required amount of rent every year if the tenant is really good?
This is the law of the time In our country also, every year there is an increase in fares of the house.Then the tenant, whether poor or rich, has to pay this money If he does not pay that much rent, then how much money can another tenant come and give easily.Because inflation also increases every year, this is why the rent of houses also increases.In my country, there is a policy. A landlord can increase the rent every year if he or she wants. If such a rule exists in your country, would you increase the required amount of rent every year if the tenant is really good?
Even if it is allow to increase the monthly rent of my house every year to my good tenant,I won't like to do that because I also have feelings that if am suppose to be in their shoe and my landlord keep increasing money of the rent yearly how would I feel. So I won't be able to do that I guess.In my country, there is a policy. A landlord can increase the rent every year if he or she wants. If such a rule exists in your country, would you increase the required amount of rent every year if the tenant is really good?
I will not increase my tenants rent every year if my tenant is good you only increase your rent when you know that the economy and things are changing, you don't increase your rent because your tenant is good.