Just before I get spammed by people saying I am evil even considering this - my current situation is:
- I am loosing very significant money on the property. 2k over 2014
- Tenants have been in the property for 5 years & have only had 1 rental decrease in that time. 4 years ago
- Rental is a good 300 euro less than the going market rate in the area (Bray for a 2 bed) thats even if you can get a property in the area. I will only be increasing by 100 euro.
Having said all that - the tenants are good & have never had a problem with them.
Do I need to increase the rent over the next few weeks in case legislation comes in?
The current contract is up at the end of February. Does this make increasing the rent impossible if the legislation comes in before February?
- I am loosing very significant money on the property. 2k over 2014
- Tenants have been in the property for 5 years & have only had 1 rental decrease in that time. 4 years ago
- Rental is a good 300 euro less than the going market rate in the area (Bray for a 2 bed) thats even if you can get a property in the area. I will only be increasing by 100 euro.
Having said all that - the tenants are good & have never had a problem with them.
Do I need to increase the rent over the next few weeks in case legislation comes in?
The current contract is up at the end of February. Does this make increasing the rent impossible if the legislation comes in before February?