I dont know what to to think im trying to be a good tenant taking out the garbage everyday and she raise my rent i help her to translate things that she doesnt know, i try to save the light and she ask me to give her 10 dollars per mont to help with the electric bill. I think she has to helpme a little too, if i were another guy i would party and drink every night in her house lol.What do you think? Tell me please thank you
It's true, as others have said, that one reason landowners raise rents is to cover their expenses, when those expenses are increasing. But another big reason landowners raise rents is because they can, because decreasing home sales create more demand for rental housing (more people looking to rent). For some landowners, that enables them to stay afloat. Others who are already doing ok may still charge more simply because they see rents going up all around them.
If your landlady is compelled by her own economic situation to raise your rent, she will have little flexibility. But to the extent that she is simply charging what she feels she can get in the current rental market (from someone else if not from you), she may be open to negotiation on the basis of your value as a proven good tenant. That is especially true if she lives on the same property, which makes having a reliable and cooperative tenant much more important for her.
As an example, my wife and I own a home with two rental units. When we have tenants whom we like, we are very cautious about raising the rent even when we know we could get more from someone (and even when our expenses are going up). We wait until those tenants leave (which we hope they won't), and then reset the rent to current market rates.
The money landlords get from rent doesn't just line there pockets. They have to worry about paying the property taxes, insurance, maintaining the building, and then whats left over is there INCOME. Property taxes keep increasing, and so does the cost of everything. She needs to survive too :P.
Can't escape the fact, her place/her rules.....I understand what you're saying about being a good tennant but she gets to make the rules....Speak with her and if a compromise can't be reached you've a decision to make....Good Luck
Both are right i think is fair i just wanted to make the question. Everything is increasing, but it could be worse. Thank you for answering this i was having this doubt on my mind.
Cost of living expenses go up every year and that includes rent to balance the other increasing costs.
