In the US, you can take certain tax deductions for a property only if you charge the market rate. In that case, it might be a more complicated question. Otherwise, I think they’re answer is right:
“But if you don’t want to increase the rent, you shouldn’t. You’re not answerable to any shareholders, so you can operate your business in any way you like — and even putting morals aside, there’s a lot to be said for a lower rent that’s paid on time without any hassles.”
Is she a good Tennant? If she is and then I would consider not raising it or doing it only slightly if the market has gone up. If you raise it too much she may need to move and it may be a gamble with the next person you rent to.
When I rented I heard horror stories about the previous tenants: screaming matches on the front lawn, repeatedly late rent, significant damage to paintwork, doors etc, required a skip bin (I don’t know what other countries call this? A half shipping container for large rubbish commonly used in construction sites) to remove all the rubbish when they finally moved out.
My partner and I moved in, paid rent via automation 3 days early every month, never had loudness, had 1 complaint via neighbours in 4 years (which everyone agreed they should have raised with us directly anyway).
My landlord didn’t raise the rent once in 4 years.
Not raising our rent is cheaper than risking a shit tentant.
Been renting same place for 18 years. Rent was raised the first year and not since. Every year, I ask my landlord if she needs more rent, offering to pay more and she always say no. I do a noticeable amount of upkeep on the property but at little expense. She had a couple of bad tenants before me. If your tenant is not causing you any grief or damaging your property I’d say only a token increase would be okay. ESPECIALLY if they are paying the utilities themselves.
PensiveOrangutan says
In the US, you can take certain tax deductions for a property only if you charge the market rate. In that case, it might be a more complicated question. Otherwise, I think they’re answer is right:
“But if you don’t want to increase the rent, you shouldn’t. You’re not answerable to any shareholders, so you can operate your business in any way you like — and even putting morals aside, there’s a lot to be said for a lower rent that’s paid on time without any hassles.”
Facelesss1799 says
I mean being a landlord is not a charity
The_ADD_PM says
Is she a good Tennant? If she is and then I would consider not raising it or doing it only slightly if the market has gone up. If you raise it too much she may need to move and it may be a gamble with the next person you rent to.
BozoidBob says
You can choose to be kind and generous if you feel the tenant needs a break. What goes around comes back around.
Zorgas says
When I rented I heard horror stories about the previous tenants: screaming matches on the front lawn, repeatedly late rent, significant damage to paintwork, doors etc, required a skip bin (I don’t know what other countries call this? A half shipping container for large rubbish commonly used in construction sites) to remove all the rubbish when they finally moved out.
My partner and I moved in, paid rent via automation 3 days early every month, never had loudness, had 1 complaint via neighbours in 4 years (which everyone agreed they should have raised with us directly anyway).
My landlord didn’t raise the rent once in 4 years.
Not raising our rent is cheaper than risking a shit tentant.
Sawyermblack says
If he does, I hope she moves out and gets replaced by a garbage tenant.
Bitch_Posse says
If your one of today’s “good Christians” I’m sure you will. Just asking gives everyone a clue.
Dan_Lacount says
This is not not the scallions
jayfeather31 says
Well, ask yourself this question:
“Am I an asshole?”
Based on that answer, you should know what to do.
honeytimer says
Of course
Freak_Out_Bazaar says
Depends on the wider market conditions and if you will be able to keep your property occupied
realdonaldtrumpsucks says
Do a good deed, and no.
Do not raise the rent
PerNewton says
Been renting same place for 18 years. Rent was raised the first year and not since. Every year, I ask my landlord if she needs more rent, offering to pay more and she always say no. I do a noticeable amount of upkeep on the property but at little expense. She had a couple of bad tenants before me. If your tenant is not causing you any grief or damaging your property I’d say only a token increase would be okay. ESPECIALLY if they are paying the utilities themselves.
bakjar says
I hope everyone realizes they are not responding to the person asking the question. FFS.
SaxyOmega90125 says
This is r/nottheonion, right? Or is my Reddit app bugging out?
Why do landlords and tenants asking legal and moral questions keep winding up in here? This is the third one in four days.