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My Landlord Increased My Rent By 108% - Nairaland General - Nairaland

Nairaland ForumNairaland GeneralMy Landlord Increased My Rent By 108% (14155 Views)

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My Landlord Increased My Rent By 108% by skultrick(op): 9:31am On May 02
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.

Re: My Landlord Increased My Rent By 108% by Stephen0mozzy: 9:39am On May 02
You can inform him on the day the rent expires; provided you actually park out on that day.

Unless you guys signed an agreement that you must notify him a certain time if you'll not renew.
Re: My Landlord Increased My Rent By 108% by skultrick(op): 9:50am On May 02
Stephen0mozzy:
You can inform him on the day the rent expires; provided you actually park out on that day.

Unless you guys signed an agreement that you must notify him a certain time if you'll not renew.
Thank you for your advice. This is what I will do.
Re: My Landlord Increased My Rent By 108% by Wealthyonos(m): 9:55am On May 02
You don't have to inform the mf. Just keep looking for an apartment till he gives you quit notice. He is a mat man. Some landlords don't have conscience at all.
Re: My Landlord Increased My Rent By 108% by skultrick(op): 12:13pm On May 02
Nah so we see am my brother...and I no come be politician or yahoo boy grin grin

50% increase would have been reasonable
Re: My Landlord Increased My Rent By 108% by nobilie: 1:15pm On May 02
Better tell your landlord you are looking for money for the rent. While you look for a new apartment. To find house now no easy oooo. Even when u have the money, u may not see your taste. Take your time.
Re: My Landlord Increased My Rent By 108% by werisetogether(m): 3:06pm On May 02
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
Depends on your relationship with your landlord

If you're on good speaking terms, you're free to inform him whenever it's convenient for you.

P.S. Praying for you to build your own house. No matter how small. GOD bless the lady who advised me years ago to take the plunge and build at my own pace. Shudder to think of what could have happened over these past few years if I was battling with both children's school fees AND rent. My "Painful Exit" poster for don dey since...

P.P.S. No, I am NOT a real estate agent. Just thought I'd chip this in so you can have it in mind...
Re: My Landlord Increased My Rent By 108% by skultrick(op): 3:30pm On May 02
werisetogether:
Depends on your relationship with your landlord

If you're on good speaking terms, you're free to inform him whenever it's convenient for you.

P.S. Praying for you to build your own house. No matter how small. GOD bless the lady who advised me years ago to take the plunge and build at my own pace. Shudder to think of what could have happened over these past few years if I was battling with both children's school fees AND rent. My "Painful Exit" poster for don dey since...

P.P.S. No, I am NOT a real estate agent. Just thought I'd chip this in so you can have it in mind...
Amen! Thank you.
Re: My Landlord Increased My Rent By 108% by Nemesis0147(m): 4:29pm On May 02
Don’t tell him
Just be looking for an apartment….even if he gives you quit notice….it will be at least 6 months for you to vacate

These landlords are heartless
Re: My Landlord Increased My Rent By 108% by ExudeLoveToAll: 6:41pm On May 02
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
You don't owe him any notice, live your life and take your decision. There should be laws incriminating these kinds of increment, how would someone increase rent by more than 100% that's insane .
Re: My Landlord Increased My Rent By 108% by ExudeLoveToAll: 6:42pm On May 02
skultrick:
Nah so we see am my brother...and I no come be politician or yahoo boy grin grin

50% increase would have been reasonable
50% isn't reasonable, if he goes to buy something in the market and it's increased by 50% will the landlord buy? Humans are crazy
Re: My Landlord Increased My Rent By 108% by skultrick(op): 7:43pm On May 02
ExudeLoveToAll:
50% isn't reasonable, if he goes to buy something in the market and it's increased by 50% will the landlord buy? Humans are crazy
I saw since last year rent has gone up...so I was expecting 30% increment but then I saw 100% shocked shocked
Re: My Landlord Increased My Rent By 108% by Jerchance: 7:45pm On May 02
Most of these problems are caused by some over-sabi-sabi estate/property managers, advising landlords to build and sell than build and rent. Funny enough, they do this for content creation and clouts, and now the ripple effect is a lot of concerns for many who can't afford these costly houses
Re: My Landlord Increased My Rent By 108% by Hungrychicken(m): 8:33pm On May 02
Still waiting for those zombies that would come and say cost of building materials is the reason for your house increment by 108% and how you should go build yours and put the price as you wish if you're unhappy about it🤡
Re: My Landlord Increased My Rent By 108% by Gotocourt: 2:31pm On May 03
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
Park out before July 31st cheesy
Re: My Landlord Increased My Rent By 108% by PheelzAlmighty: 2:31pm On May 03
Is your umbilical cord tied to the househuhPack your shit and leave..

No stress us abeg
Re: My Landlord Increased My Rent By 108% by YoungBTCxchange: 2:33pm On May 03
skultrick:
Amen! Thank you.
if you like be doing thank for there, don't ever make the mistake of informing your landlord,
Just keeping telling him you're looking for the money while you look for another house because that is exactly the same thing I'm doing now.
Mine will be expiring the same July ending and the landlady increased to 1m all of sudden and I'm packing out straight up
Re: My Landlord Increased My Rent By 108% by keemsleek(m):
My mum landlady has increased her house rent 2times in 3 yrs. I just dey look the woman from 1.2 to 2.2m for bucknor. Not new house but they have constant light
Re: My Landlord Increased My Rent By 108% by Jerixcon: 2:34pm On May 03
Even if you don't inform him, the most a landlord would do is give you quit notice to pack out within three months when you don't renew your rent when it expires.
Re: My Landlord Increased My Rent By 108% by Gotocourt: 2:34pm On May 03
i've not increased my tenant rent since 2018 cool
Increasing it wont solve my problems and they've been great people. I got my breakthrough lastyear and am working towards a higher one this year. Everything is falling into place cheesy
Re: My Landlord Increased My Rent By 108% by missionmex(m): 2:35pm On May 03
skultrick:
Nah so we see am my brother...and I no come be politician or yahoo boy grin grin

50% increase would have been reasonable
Even 50 is not reasonable. The worst should be 20%
Re: My Landlord Increased My Rent By 108% by ceejay80s(m): 2:35pm On May 03
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
Ur landlord is an APC and a thief,
just move out ,
but U must stay Ur six months before moving,
he must give U 6months and enough time to search for another,
let bill gate come and rent his house
Re: My Landlord Increased My Rent By 108% by seanery: 2:36pm On May 03
TINUBU's Effect

UNA NEVER SEE ANYTHING
Re: My Landlord Increased My Rent By 108% by DickenClarq(f): 2:37pm On May 03
What amaze me about this rent increment is that the houses are still old, cracked walls,old paintings, rusted zinc, old silings outdated structures etc. And they will still have the guts to increase the rent outrageously and when the tenant pay they will be no repairs or renovations on the house

Some of the so called landlords are religious zealot with heart of stone.

May God help us all
Re: My Landlord Increased My Rent By 108% by tempex88(m): 2:38pm On May 03
Don’t pack out in a rush, rent is generally expensive, you might regret parking out. Just be begging him daily to reduce the increased you might end up at 2m which might still be reasonable
Re: My Landlord Increased My Rent By 108% by anonimi: 2:38pm On May 03
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
Why move out when you can just move on to Oshiomhole’s Assembly of Past Criminals, APC for a big slice of the $84 billion subsidy savings that should build 40 roads?

What are you waiting for to make the move huh


Re: My Landlord Increased My Rent By 108% by ceejay80s(m): 2:39pm On May 03
Jerixcon:
Even if you don't inform him, the most a landlord would do is give you quit notice to pack out within a month when you don't renew your rent when it expires.
6 months not one month oooo
Re: My Landlord Increased My Rent By 108% by onlinediva: 2:39pm On May 03
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
Try to negotiate with him not now though but like 1 month to expiration.
Re: My Landlord Increased My Rent By 108% by Jeromejnr(m): 2:40pm On May 03
skultrick:
My landlord has increased my rent by 108%. So instead of paying 1.2m I will now pay 2.5m for a 2bed.

That's above my budget. So I am moving out.

I wanted ask, is it okay to inform the landlord a month before rent expires that I am not renewing or is a month too short?

Rent expires July ending, so it okay to inform in May or June?

Thank you.
Where is it located, maybe I will pay for it for myself.
Re: My Landlord Increased My Rent By 108% by Backlinker01: 2:41pm On May 03
Calculate the cost of getting a new apartment and the cost of renewing based on the new rent and see what favours you better.

For those avoiding high rent costs in lagos, here is a list of places to avoid so you don't stress your finance.

https://www.top5.ng/20-places-in-lagos-where-rent-and-real-estate-costs-are-high/
Re: My Landlord Increased My Rent By 108% by Ayo25: 2:42pm On May 03
Don’t misled the person please. No law gives you six months to vacate property.

After your rent expires, you are served with owners intention to recover property after 7 days. If you don’t vacate after seven days, landlord takes you to court. In court you tell the the judge how long before you vacate property which can’t be more than 1 month and you must pay the rent for the 1 month. You are not entitled to occupy a property more than a day after your rent expires.

Always get the through position of the law. Ignorance of the law is not an excuse.
Nemesis0147:
Don’t tell him
Just be looking for an apartment….even if he gives you quit notice….it will be at least 6 months for you to vacate

These landlords are heartless
Re: My Landlord Increased My Rent By 108% by ajpluscafe: 2:42pm On May 03
Pack out now, na u build house for him ni
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