In this video, we go over how to write rent increase letters. Make sure to check out DoorLoop today: https://go.doorloop.com/freedemoren...

FREE template: https://go.doorloop.com/rentform

A rent increase notice is a document that serves to clearly communicate any changes to a tenant's rental rate. The notice typically includes the current monthly rent, the new monthly rent, the date that the increase will take effect, and the reasons for the increase. The letter may also contain any legal language about the tenant's rights when it comes to rent increases.
Now, for landlords, it is crucial to fully understand the importance of a rent increase notice, as it can have a huge impact on both the landlord and the tenant.
In this video, we will be discussing the importance of sending a rent increase notice letter for both landlords and tenants. Check out our blog to learn more: https://go.doorloop.com/rentincrease...

0:00 Welcome!
0:49 What is a rent increase notice?
1:26 The importance of a rent increase notice.
2:27 Is raising rent really the best move
3:06 Market rate
3:37 Condition of the rental property
4:16 Financial impact
4:44 Legal requirements
5:28 How to write a rent increase letter

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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. All information presented in this video is subject to change and may have changed since the time of filming. 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.

Category: Leasing