Rental Basics in 77371>Question Details

Bruno Jarami…, Other/Just Looking in 77371

May I know how much I can raise the rental payment each year In Texas? The maximum legally permitted? Thanks.

Asked by Bruno Jaramillo, 77371 Thu Jan 29, 2009

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Yes. I can tell you. If you raise it enough EACH YEAR, then your current tennent will move out, and no one else will rent from you because of your apparent greed. You will have killed the goose that laid the golden egg.....escuse me.....have you heard about the state of our economy now???? And you're wanting to RAISE the rent on your property. It's a renter's market out there....RAISE your rent right now, and you're probably going to have to go into the property and dust it good because NO-ONE will rent from you.....
1 vote Thank Flag Link Sun Mar 22, 2009
Bruno,

As far as I know there are no rent controls anywhere in Texas.
So amount of increase is potentially unlimited.
Web Reference: http://www.teamlynn.com
1 vote Thank Flag Link Thu Jan 29, 2009
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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