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The Water Cooler
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Landlords, Home rent question
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<blockquote data-quote="FullAuto" data-source="post: 1545468" data-attributes="member: 5110"><p>Having a lease means it's at least that much time before I have to replace the carpet, paint, rehab anything, etc. So when they go month to month and don't want to commit to another year, typically the rent would increase because my risk of having to spend money and shop for a new tenant would increase. But now that I say that, I have 1 property that is month to month and I didn't raise it on him. That's because the guy moved back home with his parents and just pays me rent so he can say he has his own place. He uses the garage to store stuff, still pays all the utilities but hasn't actually spent a night there in probably 2 months.</p></blockquote><p></p>
[QUOTE="FullAuto, post: 1545468, member: 5110"] Having a lease means it's at least that much time before I have to replace the carpet, paint, rehab anything, etc. So when they go month to month and don't want to commit to another year, typically the rent would increase because my risk of having to spend money and shop for a new tenant would increase. But now that I say that, I have 1 property that is month to month and I didn't raise it on him. That's because the guy moved back home with his parents and just pays me rent so he can say he has his own place. He uses the garage to store stuff, still pays all the utilities but hasn't actually spent a night there in probably 2 months. [/QUOTE]
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