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Can I Increase Rent on my New Rental Property?

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Grace Property Management & Real Estate

We often talk to Denver real estate investors who have recently purchased occupied rental property. It is not uncommon for these new investors to want to immediately increase the rent charged, in an effort to align the rental rate with current market rents. Is this allowed? If you purchase an occupied investment property, are you allowed to immediately increase the rent?

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Grace Property Management & Real Estate
2200 E 104th Ave Suite #105 Thornton, CO 80233, United States
Phone: 3032551990
www.rentgrace.com/

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posted by xclevermealsxqb