What You Should Consider When Creating a Rent Increase Notice Letter

Описание: In this video, we'll show you how to write a rent increase notice document in a positive and efficient way, ensuring that you don't have any further problems with your lease agreement or your tenant. Make sure to check out DoorLoop today. Schedule a demo: https://go.doorloop.com/free-demo-cre...

Raising rent isn't uncommon in any state. Whether you do it to keep your profit levels or to pay unforeseen bills, increasing your monthly rental payment amount is something that most landlords have considered at least once. Unfortunately, getting a new monthly rent isn't something appealing for most tenants, so these increases are often seen as a negative thing. However, not all increases have to be bad. In fact, a new monthly rent can open the opportunity for future property enhancements that benefit both parties, for example. Regardless of the reason why you may want to come up with a new monthly rent amount, you must know the right way to communicate that to your tenant. Learn more by watching this video or reading our blog for more information: https://go.doorloop.com/creating-a-re...

0:00 Welcome!
0:55 What Is a Rent Increase Letter?
1:14 Two Primary Goals of a Rent Increase Letter
2:17 What Is the Maximum Rent Increase Allowed?
2:50 Factors That Can Justify Rent Increases
4:15 Tenant Protection Measures For Rent Increases
4:29 Some Factors You Should Always Keep In Mind Before a Rent Increase
6:42 How Do You Write a Rent Increase Notice?
6:59 Things To Include At a Minimum In the Notice
7:08 Other Things You Can Include In the Notice
7:50 Common Delivery Channels
7:55 Do Rent Increases Affect the Security Deposit?

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Category: Leasing ‍‍

Disclaimer: This video was produced by DoorLoop and is the intellectual property of DoorLoop. The creator featured in this video is an employee of DoorLoop. The prices mentioned in this video are accurate as of the time of recording. However, prices are subject to change at any time without prior notice. We recommend checking the official website for the most up-to-date pricing and offers. These videos are for educational and entertainment purposes and are not offering legal advice. Opinions expressed in our videos do not reflect DoorLoop's stance as a company.