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Letter from Landlord to Tenant About Intent to Increase Rent and Effective Date of Rental Increase North Carolina Form

Letter from Landlord to Tenant About Intent to Increase Rent and Effective Date of Rental Increase North Carolina Form

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[Music] hi everyone i'm beta delesi and in this video we're going to talk about should a landlord raise rent each year many times we get phone calls from landlords saying the rent is below market value and that's why i want to evict the tenant or the reason why i didn't increase the rent was because i felt sorry for them or the tenant was a single mother or they were sick or i was just trying to be a good person a landlord should definitely take advantage and increase the rent once a year because they do have the opportunity to do so however it's only once a year if a landlord does not increase the rent let's say for example for the past five years they can't retroactively increase the rent to catch up to play catch-up a landlord must run their rental properties like a business and just like how we have inflation the landlord has the opportunity to increase the rent once a year so that they can catch up and some of that increase c

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