Hi all,
I visited my IP in Beenleigh (QLD) yesterday
(my first visit since purchase!) and had
a good chat with the tenant.
He asked if I would consider installing an
air conditioner and I said I would think about it
I asked the PM to get some quotes, and that
I would be happy to go ahead if the tenant agreed
a $20/week rent increase.
The PM has said we can't increae the rent until
the current lease is up for renewal , which is 9 months away.
Is this correct? Can't the rent be altered if the tenant agrees?
Thanks.
Neil.
I visited my IP in Beenleigh (QLD) yesterday
(my first visit since purchase!) and had
a good chat with the tenant.
He asked if I would consider installing an
air conditioner and I said I would think about it
I asked the PM to get some quotes, and that
I would be happy to go ahead if the tenant agreed
a $20/week rent increase.
The PM has said we can't increae the rent until
the current lease is up for renewal , which is 9 months away.
Is this correct? Can't the rent be altered if the tenant agrees?
Thanks.
Neil.