If raising rent on a tenant for a new lease, what kind of information should we include in the letter to protect ourselves.
Our tenant's lease is up in 2.5 months and we're raising the rent less than 10%. We're planning on sending them a letter stating that we are raising rent for their next 1 year contract if they would like to renew.
The tenant has asked for repairs in the past and we've done them as soon as we could but they complain about the work anyway. We were planning on raising rent anyways when their lease was up and would like to protect ourselves from being viewed as retaliatory.
