Please be gentle and dont tell me to just move..or get a second job. Thanks.
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To: know.your.why
Read your lease—is there any relevant language there?
2 posted on
01/23/2024 8:50:51 PM PST by
cgbg
("Our democracy" = Their Kleptocracy)
To: know.your.why
I know it’s a bit obvious but a tenancy lawyer is worth a call. I don’t think it’s legal.
3 posted on
01/23/2024 8:51:03 PM PST by
toddausauras
(Trump Lake 2024....Go down swinging!)
To: know.your.why
Are you near Huntsville? There’s money flowing into that area.
4 posted on
01/23/2024 8:51:49 PM PST by
Dr. Sivana
("If you can’t say something nice . . . say the Rosary." [Red Badger])
To: know.your.why
5 posted on
01/23/2024 8:52:18 PM PST by
Paladin2
To: know.your.why
What’s the Fair Marketplace Value on apartments similar to yours in your area?
7 posted on
01/23/2024 8:55:10 PM PST by
Macho MAGA Man
(The last two weren't balloons. One was a cylindrical objects Trump is being given the Alex Jones tr)
To: know.your.why
The only reason I can imagine your rent going up that much is because your landlord wants you out. Perhaps he found he’s been undercharging you in all this time or maybe you are, in his view, a bad tenant.
I can only suggest checking to see what laws cover the rentals in your area.
8 posted on
01/23/2024 8:55:41 PM PST by
Jonty30
(In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
To: know.your.why
9 posted on
01/23/2024 8:56:10 PM PST by
antceecee
To: know.your.why
Consider looking for a new place quickly.
If an entire complex is facing the same hike=a lot of people are going to be looking for a new place at the same time.
In general they are within their rights to raise rent any amount.
To: know.your.why
Just a curious question: is your landlord one of those mega-landlords like Invitation Homes?
11 posted on
01/23/2024 8:58:30 PM PST by
hoagy62
(Evil won...again.)
To: know.your.why
I got hit 20 percent last year, and 20% this year. I got the same BS excuse. “Insurance is up, fuel is up, costsof materials are up (the building is owned outright and they don’t do any repairs on the leaky roof or drips in the plumbing), blah blah blah we are so sad and hurting that we have to raise your rent another 20%.” Bidenomics at work. Greatest economy ever...
13 posted on
01/23/2024 9:00:36 PM PST by
Organic Panic
(Democrats. Memories as short as Joe Biden's eye)
To: know.your.why
$1,000 bucks a month is considered pretty cheap for an apartment.
14 posted on
01/23/2024 9:00:39 PM PST by
Repeal The 17th
(Get out of the matrix and get a real life.)
To: know.your.why
Your landlord is making room for Somali illegals, that is all.
Welcome, second-class citizen!
17 posted on
01/23/2024 9:05:40 PM PST by
CivilWarBrewing
(Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
To: know.your.why
Get 20 to 30 of BiXiden’s “immigrants” to be roommates....
18 posted on
01/23/2024 9:05:40 PM PST by
Paladin2
To: know.your.why
With millions of illegals flooding the US, rents are going up everywhere. Outrageously so. I heard on the news yesterday that the US has immediate shortage of over seven million homes.
Some cities and maybe some states limit the amount rent can increase but I doubt Alabama is one of them.
19 posted on
01/23/2024 9:09:57 PM PST by
Reno89519
(It's war. No one murders and takes Americans hostage. Time to act. Declare war on Islamic Hamas.)
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: know.your.why
Here in Huntsville, they are building thousands of new apartments...tens of thousands...and 2 bedroom apartments in these new upscale places are going for $1500-$2000 a month....
I have a 3400 sq ft 5 BR 4 bath home that was built in 2004..my mortgage payment is $1480...and my escrow payment is $493 a month... (around $1950 a month payment)
So what is the better deal...go buy a house..it’s cheaper.
To: know.your.why
Another suggestion I can make is that, if you know fellow renters that you can trust with your life, form a REIT and buy a house and share the costs.
23 posted on
01/23/2024 9:14:09 PM PST by
Jonty30
(In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
To: know.your.why
According to this website, under "Rent Increases," the landlord can raise your rent any amount they choose since there are no rent control laws in Alabam.
Alabama Landlord Tenant Rights
According to this section though, they cannot raise your rent during the lease term unless the lease agreement allows for it.
25 posted on
01/23/2024 9:16:33 PM PST by
mass55th
(“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
To: know.your.why
Check with your state, county and city tenant laws.
26 posted on
01/23/2024 9:17:17 PM PST by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: know.your.why
Did your apartment have renovations done?
28 posted on
01/23/2024 9:30:56 PM PST by
HollyB
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