Question: Is the property under rented for it's current condition?
Answer = yes. Increase the rent
Answer = no. Don't increase the rent.
If the answer is yes, then, after the improvements happen, raise the rent again.
If the answer is no, then raise the rent after the improvements happen.
There is provision in the RTA for a rent raise sooner than 180 days if the improvements have been substantial.
Answer = yes. Increase the rent
Answer = no. Don't increase the rent.
If the answer is yes, then, after the improvements happen, raise the rent again.
If the answer is no, then raise the rent after the improvements happen.
There is provision in the RTA for a rent raise sooner than 180 days if the improvements have been substantial.
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