Tacoma Man Sees Rent Hike From $825 a Month for Five Years to $1,375 Post-Eviction Ban

2 years ago
5

Rent increases are nothing new, but one Tacoma man says he was shocked over the one he is facing, calling it "ruthless."

Terrance Parsons has lived at Manitou Park Apartments in South Tacoma for the past five years. He says his rent is around $825 a month, including utilities.

"They want to raise it to $1,375," Parsons said.

A 60-day notice of the rent increase signed by LandlordSolutions on behalf of the owner says $75 of the $1,375 is for utilities. They also tell tenants that they could get up to a $100 discount off the monthly rent if they sign a new 12-month lease.

"I understand property goes up, but for two years, that’s an extensive amount," Parsons said.

Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.

https://www.q13fox.com/news/tacoma-man-shocked-over-60-rent-hike

🔔Join this channel to get access to perks 👇
https://www.youtube.com/channel/UCHm8vWol8eNjTJZSjq2jaLQ/join

-------------------------------------------------------------------------------------------------------
🔥🔥 𝑺𝒆𝒂𝒕𝒕𝒍𝒆 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑷𝒐𝒅𝒄𝒂𝒔𝒕 🔥🔥

►💎iTUNES
https://apple.co/2MkFziJ

►💎SPOTIFY
https://spoti.fi/2Dh8EoL

►🏡JOIN SUMMIT PROPERTIES NW
Website: https://summitpropertiesnw.com/career/
High 80/20 Split, Zero Fees, and a Low $10,000 Cap!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

✔ SUBSCRIBE 📣HIT BELL! ✔LIKE ✔COMMENT

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
★ REACH OUT TO ME ★

►✅Follow Us - Facebook: https://facebook.com/summitpropertiesnw/

►✅Follow Us - Instagram: https://instagram.com/summitpropertiesnw/

►✅Email Me - sean@seattlerealestatepodcast.com

#SeattleRealEstate #HousingMarket #Podcast

Loading comments...