To: know.your.why
My tenant is now $6k behind and that is on an undermarket rent. She intends to bring her account current via her federal tax return due Feb 13. I have not priced in the increased insurance or property tax increases nor any consideration for "fair market rent". The insurance and property tax alone will bump the current rent by $450. My tax returns last year reflected $1500 less income year over year due to that much rent not being paid AND my rent rate for 2022 was just below market. It has to go up to compensate for real costs imposed by insurance and government.
20 posted on
01/23/2024 9:11:23 PM PST by
Myrddin
To: Myrddin
I would get some signed checks from her that are post-dated for the amount.
To: Myrddin
To: Myrddin
I own my home outright, but it’s still expensive: I had a 900 dollar hike in my home insurance this year, and considering that insurance companies think of Florida the way a vampire thinks of garlic, I was basically stuck with that.
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