Opinions on a rent increase

Page 2 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

AStar617

Diamond Member
Sep 29, 2002
4,983
0
0
Originally posted by: waggy
Originally posted by: homercles337
How far "WestMetro" are you? I live in Central Square and my landlord is messing with me too. My year long lease renewed in April, but i got a letter about 1.5 months ago indicating that he was raising my rent by 10% ($1000 -> $1100). I got a lawyer and im not paying it. I ask how far west because if youre no where near a T $50 is not reasonable. As far as my lease is concerned my rent can only go up based on property taxes (and when the lease renews). Youre rent just went up by 5.7 percent. Not reasonable. I have lived all other the states and i have never had rent go up by more than 1 to 2 percent. Were both getting screwed because of all the foreclosures. :|

hmm.


is there a law limiting how much they can raise rent?

homercles: You actually live probably 5min from me. Market rate for a 1br in Central Square Cambridge (an area on the cutting edge of the real estate bubble) in "good" condition is about $1100-1200. Unfortunately, you can't really use other states to gauge the market in Boston, NYC, S.F., and the like. I would however question the increase if the lease has no provision for it. In my case it's renewal time.

To Waggy and Capt Caveman: Rent control was abandoned in Cambridge around 10 years ago.
 

AStar617

Diamond Member
Sep 29, 2002
4,983
0
0
Originally posted by: Gibson486
reasonable....unreasonable would be the max increase.

BTW, where is this? $925 a month for that seems like a steal....I live in Boston and I pay 1575 and i do not get a dishwasher or pool and I heat is only covered up to a certain amount.....I your apt is not in boston, but you cannot even get a price like that in Lowell.

This is actually right off Rt.9 in Shrewsbury. Physically closer to Worcester than Boston but still considered a Boston suburb since it's east of Worcester. So yeah, it certainly isn't Boston proper by a long shot. It does have excellent highway access though
 

Capt Caveman

Lifer
Jan 30, 2005
34,547
651
126
AStar you are right. I read homercles lease terms incorrectly. His landlord can charge him whatever at the end of the lease. I haven't rented in ten years and didn't remember that rent control was gone now in Cambridge.
 

BKLounger

Golden Member
Mar 29, 2006
1,098
0
0
Originally posted by: Gibson486
reasonable....unreasonable would be the max increase.

BTW, where is this? $925 a month for that seems like a steal....I live in Boston and I pay 1575 and i do not get a dishwasher or pool and I heat is only covered up to a certain amount.....I your apt is not in boston, but you cannot even get a price like that in Lowell.

friggin eh'

I live in an apartment the size of an altoid tin in cambridge and pay $1300 a month. With no washer, pool or any of that nice stuff. But i do have a great view.
 

BurnItDwn

Lifer
Oct 10, 1999
26,127
1,604
126
If the place is in good condition and if the tenants needs are taken care of, then I think a 5.7% increase in 1 year is a bit steep, but not completely out of line. Perhaps you may want to consider raising it to 900 now, and then to 925 in 1 year. Keep the increases at 3% or slightly less .... But ... if the rental market in the area is booming, and if your taxes are taking a spike too, and if the utilities are going up in cost and you're paying them too .... then perhaps you might need to increase more in order to cut your losses so you can still afford the lifestyle that you're used to.

I've got a 2 bedroom 1.5 bath townhouse that I currently live in and own (in Streamwood, IL.) It's not in the best area, but neighbors are all renting for $1000+ and the cheapest rental listing on the MLS that's available for something like my townhouse is $1100. (It's for sale, but as of tomorrow, It's also going to be for rent, since I've found a house I want and it's contingent ... it will likely be a lot easier for me to find a renter than a buyer, and I know finding a good tenant isn't usually easy. (my father's a landlord of 2 rental properties, so I have a pretty good idea what I'd be getting myself in for.)
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
Originally posted by: amdhunter
$925 for a place with a dishwasher and a pool?

I live in the f-in ghetto in the Bronx, in a roach-infested shithole where the boiler and elevator break every day, my car gets broken into at least once a year and the neighborhood kids pee and graffiti everything up and pay more...

I'd gladly pay 500 dollars more to live in a nice place like they have.

Unfortunately most that say they'd pay more to live elsewhere would already be doing that...esp if they hated their current conditions.

A $50 jump is significant, I would give them a few months notice that it will take affect.

Landlords always assume their places are better than they really are though, having a tenant that takes care of things themselves is a big plus vs getting called for every single problem.

Their jobs and salary increases should have no bearing on rent.

 

AStar617

Diamond Member
Sep 29, 2002
4,983
0
0
Originally posted by: BurnItDwn
If the place is in good condition and if the tenants needs are taken care of, then I think a 5.7% increase in 1 year is a bit steep, but not completely out of line. Perhaps you may want to consider raising it to 900 now, and then to 925 in 1 year. Keep the increases at 3% or slightly less .... But ... if the rental market in the area is booming, and if your taxes are taking a spike too, and if the utilities are going up in cost and you're paying them too .... then perhaps you might need to increase more in order to cut your losses so you can still afford the lifestyle that you're used to.
Funny you mentioned that. What I'd actually like to do is get them to sign for 2 years. In which case I would then agree to make it 900 now, and 925 for the 2nd year. Only problem is it's a 1br and they just got married in the beginning of August, so family planning may prevent them from wanting to make such a long-term commitment.

 

AStar617

Diamond Member
Sep 29, 2002
4,983
0
0
Originally posted by: alkemyst
Originally posted by: amdhunter
$925 for a place with a dishwasher and a pool?

I live in the f-in ghetto in the Bronx, in a roach-infested shithole where the boiler and elevator break every day, my car gets broken into at least once a year and the neighborhood kids pee and graffiti everything up and pay more...

I'd gladly pay 500 dollars more to live in a nice place like they have.

Unfortunately most that say they'd pay more to live elsewhere would already be doing that...esp if they hated their current conditions.

A $50 jump is significant, I would give them a few months notice that it will take affect.

They are getting just over 1 month's notice, the standard amount from a legal perspective. I would have wanted to give the more time but things on my side simply got in the way.

Landlords always assume their places are better than they really are though, having a tenant that takes care of things themselves is a big plus vs getting called for every single problem.

Their jobs and salary increases should have no bearing on rent.

Well, it was my condo that I lived in personally before renting it, and it was always well maintained. I tend to buy the best for it too. Neutral carpets are not new, but not in need of replacement either. During the pre-rental overhaul, The replacement dishwasher I bought is a higher-model Maytag with sterilization, etc., and the replacement disposal is a larger (1hp?) In-Sink-Erator Badger, not offbrand. All other appliances are less than 10 years old. I use Behr Premium white paint through the entire unit, every wall, ceiling, and cabinet. Once the walls were white but the switches/outlets were almond, I switched out all of those too for true white ones, and decided to go with the wider deco touch switches too (and got GFCIs in the kitchen where they should have been before). I whitened the grout in the bathroom shower tile, too. Since theyve been in, Ive replaced the faulty smoke detector with a Kidde Smoke/CO2 (that talks, heh), and I chose to replace the furnace rather than fix it (it could have been fixed). The AC was replaced proactively, there was actually nothing wrong with it but it could have gone at any time and I happened to have some cash to have it done. I think in light of the above, I can say it was and is more or less in tip-top shape by most anyone's standards.

My tenant has not been averse to doing stuff like the aforementioned caulking, but that's really the only stuff that has come up. It's not like he's holding the place together, it's already pretty well put together He was quick on the draw to handle flood water coming from across the hall in another unit, which I did appreciate.

Regarding their jobs: considering that most places were $900+ with first/last/security for move-in last year, I'd say they got a pretty good deal to fall underneath that with no security deposit for a fully overhauled unit. The original price was because my situation required me to get someone in right away with little notice, so I dropped it under market to make that happen. The rent was being bumped regardless, it's just that I feel more comfortable presenting it to them knowing that they are both already much more gainfully employed than I met them. He, for instance, went from working the parts counter at an auto supply place to being the salaried manager of a tire service center. But that alone is not the "reason" for the increase.
 

waggy

No Lifer
Dec 14, 2000
68,145
10
81
only around 1 month notice? man thats crap.

you really should be giving a few months. taht way they have time to look for a diffrent place if they want. i would be pissed of if my landlord did something like this.
 

silverpig

Lifer
Jul 29, 2001
27,709
11
81
FWIW where I am we can get a 4% per year increase in rent with 3 months notice. It happened just a few months ago too. Went from $990/mo to $1025/mo.
 
Mar 10, 2005
14,647
2
0
2003-06, i was paying $1000/mo. for a 450 sq ft studio "condo" in Brighton. pretty nice shape,included new galley kitchen, dishwasher, disposal, heat/hw, 2 coin-op washers and dryers for 3 buildings, my view was an alley 4 floors down and the apt building across the alley- good peeping. not included: PARKING. a great, kinda kooky old couple across the street paved the back yard (all 3 sq ft) and i rented a parking spot for $200/mo. he knocked it down to $150 for half the year because i did tons of snow shoveling. what a deal. i miss that place, and i miss living directly between BC and BU.
 

Vic

Elite Member
Jun 12, 2001
50,415
14,307
136
Originally posted by: homercles337
Originally posted by: waggy
Originally posted by: Capt Caveman
Originally posted by: homercles337
How far "WestMetro" are you? I live in Central Square and my landlord is messing with me too. My year long lease renewed in April, but i got a letter about 1.5 months ago indicating that he was raising my rent by 10% ($1000 -> $1100). I got a lawyer and im not paying it. I ask how far west because if youre no where near a T $50 is not reasonable. As far as my lease is concerned my rent can only go up based on property taxes (and when the lease renews). Youre rent just went up by 5.7 percent. Not reasonable. I have lived all other the states and i have never had rent go up by more than 1 to 2 percent. Were both getting screwed because of all the foreclosures. :|

You must be living in a rent control'd apartment.

i hate rent control laws. i can see in some areas. but hell a 10% rate is not bad.

only being able to go up based on property taxes is insane. just does not seem right.

What doesnt seem right about that? There has to be some laws protecting the tenant. Or slumlords can raise your rent as much as they want--thus making the apartment now outside someones budget. There is also the incentive of getting good tenants. Landlords do this by not shiting on their tenants. It sounds like the OP is in suburbs. VERY different than living in the metro area (yes, i know he claims to be "metrowest"). You guys have a distorted idea what suburban living in the boston area is like. Trust me i have spent the last couple days on craigslist because of my issue. In case you didnt read carefull enough, my landlord is trying to raise my rent by 10% in the middle of my lease. And, yes, if i stay he will likely raise it again when it renews. I can find something nicer for what my rent will be in April (probably $1200).

It's the fact that he's trying to raise the rent in the middle of your lease that makes your complaint valid. The OP's lease is up for renewal, which makes his situation entirely different to yours. Rent control has nothing to do with this. And it sounds like renting in suburban Boston is pretty cheap for a big city area, even if you are out in the 'burbs.
 

AStar617

Diamond Member
Sep 29, 2002
4,983
0
0
Originally posted by: Vic
Originally posted by: homercles337
Originally posted by: waggy
Originally posted by: Capt Caveman
Originally posted by: homercles337
How far "WestMetro" are you? I live in Central Square and my landlord is messing with me too. My year long lease renewed in April, but i got a letter about 1.5 months ago indicating that he was raising my rent by 10% ($1000 -> $1100). I got a lawyer and im not paying it. I ask how far west because if youre no where near a T $50 is not reasonable. As far as my lease is concerned my rent can only go up based on property taxes (and when the lease renews). Youre rent just went up by 5.7 percent. Not reasonable. I have lived all other the states and i have never had rent go up by more than 1 to 2 percent. Were both getting screwed because of all the foreclosures. :|

You must be living in a rent control'd apartment.

i hate rent control laws. i can see in some areas. but hell a 10% rate is not bad.

only being able to go up based on property taxes is insane. just does not seem right.

What doesnt seem right about that? There has to be some laws protecting the tenant. Or slumlords can raise your rent as much as they want--thus making the apartment now outside someones budget. There is also the incentive of getting good tenants. Landlords do this by not shiting on their tenants. It sounds like the OP is in suburbs. VERY different than living in the metro area (yes, i know he claims to be "metrowest"). You guys have a distorted idea what suburban living in the boston area is like. Trust me i have spent the last couple days on craigslist because of my issue. In case you didnt read carefull enough, my landlord is trying to raise my rent by 10% in the middle of my lease. And, yes, if i stay he will likely raise it again when it renews. I can find something nicer for what my rent will be in April (probably $1200).

It's the fact that he's trying to raise the rent in the middle of your lease that makes your complaint valid. The OP's lease is up for renewal, which makes his situation entirely different to yours. Rent control has nothing to do with this. And it sounds like renting in suburban Boston is pretty cheap for a big city area, even if you are out in the 'burbs.

QFT. Homercles337, everyone has read your post carefully enough and I don't think anyone here is contesting your situation. In short, your landlord is just as bound by the terms of the lease as you are, period. If there is no escalator clause to allow him to raise rent, he can't simply raise it mid-term because he says so. Read this:

http://www.gis.net/~groucho/tenant.html

and pay attention to #24 in particular. It will give you some good ideas on how to approach the issue (the rest is extremely useful too and tailored to MA, be sure to bookmark it).

However, with all that said, my situation is different because I'm not trying to change the terms of my lease midterm. However suburban you want to portray Shrewsbury vs Cambridge, the rental arena is really no different anywhere in southern New England once you subtract a few hundred dollars from the rent figure you may be dealing with in your case. Like I said, I was born and raised in Cambridge like my father before me, and own in Central Square probably 5min from you (Worcester St.), so I know what I'm talking about here.

The reality of the situation is, I've found Cambridge is actually more expensive to live in on average than even Boston. You can thank Harvard and MIT students in part for that--they come from all over the world and pay most anything for their housing without question, especially grad students. Add in the growing yuppie "trendiness" of our specific neighborhood in Cambridgeport, and you don't stand a chance to pay under market rate unless you are family or directly referred*, the unit is below code/illegal or it's owned by a little old lady who owns outright and literally doesn't need the money.

I'd finally just like to say that if you think that a more or less scheduled market increase equals getting shit on as a tenant, then you'll be in for some big surprises down the road. Granted many bad apples give us a bad name, but I really wish landlords weren't immediately cast as "slumlords" as soon as they don't lock tenants in for a lifetime at the same rent, regardless of what the market will yield. I work really hard to be very accessible and to make sure my tenants feel comfortable calling my condo their home. This has included arguing with HVAC vendors at 3am during last February's snowstorm to come out immediately to rectify an improper installation resulting in a no-heat situation. This also included various changes to last year's lease that soften some of the original clauses re: payment etc (were not included in the original post because they weren't relevant to the increase question). How about the 32" CRT TV I'm about to offer them (regardless of the renewal) as a belated wedding gift?

Absentees who don't fix anything unless the city is called for violations... or don't return phone calls... or keep rent misleadingly and irresponsibly low only to bump it by a few hundred all at once... that's shitting on their tenants. Please make the proper distinction. But often they can really only shit on you as much as you allow them to. This mid-term increase of yours is one of those times you have several options on how to proceed. Again, read the above linked page and arm yourself with some of the best knowledge you can come across. I wish you good luck handling your problem.

* If you want I can ask a friend about a unit he was trying to fill near Inman Sq a couple months back. It may still be available. PM me.
 
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |