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Increasing rent for my tenants. How much is reasonable?

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    #32
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    fran38 wrote: »
    Anything from 360 to 450. There was one for 220. All per month. Differing standards, decor etc.

    Find a few with comparable standards and there's your ballpark.


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    #33
    0xzmro3n4y7lb5
    Closed Accounts Posts: 686 ✭✭✭0xzmro3n4y7lb5


    The first thing you need to establish is, are they 'Relevant Persons' as defined in Residential Tenancies and Valuation Act 2020

    Important to note references to tenant shall be construed as including references to licensee s37 from

    http://www.irishstatutebook.ie/eli/2019/act/14/section/37/enacted/en/html#sec37


    https://data.oireachtas.ie/ie/oireachtas/act/2020/7/eng/enacted/a0720.pdf


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    #34
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Malik Slow Skater wrote: »
    Important to note references to tenant shall be construed as including references to licensee s37

    also important to note
    but does not include a building or part of a building used for the first-mentioned purpose where the licensor (other than a licensor who is not an individual) also resides in the building or part of the building concerned.


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    #35
    0xzmro3n4y7lb5
    Closed Accounts Posts: 686 ✭✭✭0xzmro3n4y7lb5


    Graham wrote: »
    also important to note

    Could you elucidate on why you believe it's important to note in terms of this discussion subsection (1A) of section 3 of RTA 2004?

    (a) a dwelling that is used wholly or partly for the purpose of carrying on a business, such that the occupier could, after the tenancy has lasted 5 years, make an application under section 13 (1)(a) of the Landlord and Tenant (Amendment) Act 1980 in respect of it,


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    #36
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Mod Note

    Not on this thread.

    Feel free to start a separate thread to continue this line of discussion.


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    #37
    JustAThought
    Registered Users Posts: 5,323 ✭✭✭JustAThought


    <SNIP>its a rent room scheme op ? Will they leave if the rent is put up? Hoe much do you like them and enjoy sharing with them? Finding decent folk tomshare with that you can get on with is key in this - and not skangers or pracites. Speak with your lodgers and tell them for the mortgage tombe financially viable you need to make either lifestyle changes or get new (family members) lodgers in - or increase the rent to cover the mortgage. So no sky, cleaner or inclusive bills or they agree to an increase to whatever is comparable in your area (320?). You might find that by just charging notmally for the extras they either leave or you will have made the significant difference up. e40 or so all inclusive rent a week is for a song - riduculously low!!! !


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    #38
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    combat14 wrote: »
    gadzooks half the country be homeless if everyone took that attitude lol

    A few things here.

    Everyone is not a landlord subsidising a stranger. Feel free to do this its very rewarding.

    18.9% of the population rent. As you can see this is alot less than half the population. From this figure you would be assuming everyone would have a problem paying the market price. This doesn't make any sense.

    The open market price is what people are will to pay so in essence they wouldn't be homeless. The housing would be full 100% of the time as price is dictated by market forces and not attitude of fence sitters.

    It is up to the government and the tax payer to pay for accomodation for people that cannot afford to pay the private rental market price


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    #39
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    combat14 wrote: »
    gadzooks half the country be homeless if everyone took that attitude lol

    Absolute rubbish, every house that’s sold in the country is sold for the max possible price that people are willing to pay. Why would rent be any different?


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    #40
    dubrov
    Registered Users Posts: 3,546 ✭✭✭dubrov


    OP, your tenants won't be going anywhere if the new rent is still below market rent.


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    #41
    zerosugarbuzz
    Registered Users Posts: 1,224 ✭✭✭zerosugarbuzz


    I personally think the rent is extremely low. I would say a minimum of €80 per week and all bills split between the occupants of the house. Splitting bills will make it less likely they will waste electricity and other utilities.


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    #42
    JustAThought
    Registered Users Posts: 5,323 ✭✭✭JustAThought


    zerosugarbuzz wrote: »
    I personally think the rent is extremely low. I would say a minimum of €80 per week and all bills split between the occupants of the house. Splitting bills will make it less likely they will waste electricity and other utilities.

    Agreed but Still extraordinarily low - bit thats assuming its nice and to a clean and good habitble standard. As for the clown that thinks the working poor have to subsidise anyone and everyone who thinks they have a right to hoard theor dole or salary and get someone else to pay the majority of their rent - communist china is that way. Pay your way or move back in with your friends or family.


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