Landlord Announces 1 Penny Rent Increase Due To Rise In Stamp Prices (PHOTO)

LOOK: The Ridiculous Reason One Landlord Increased Rent By
|

A landlord in Maryland just redefined what it means to be a cheapskate.

After the U.S. Postal Service raised the cost of a first-class stamp by a penny to 46 cents, a landlord in Maryland decided to up monthly rent charges by one cent to make up for the increased cost, according to a letter sent to tenants that was published by the Consumerist. The letter says that the rent "hike" will go into effect for bills due March 1.

View the full letter below.

The tenant who forwarded the landlord's letter to the Consumerist wrote:

"I... seriously wonder how it is even cost effective to take the time to write, print, and deliver letters in order to collect 1 cent extra, per month."

Do you have a difficult landlord? We want to hear about your experiences. Email us at businesstips@huffingtonpost.com.

Since 2006, the Postal Service has increased the price of a stamp five different times, raising the cost from 39 cents to 46 cents, the AP reports. The cost of sending a postcard also recently increased by one penny to 33 cents.

The postal service has been struggling financially and announced Wednesday that it would stop delivering letters on Saturdays in an effort to save $2 billion annually.

This Maryland landlord is not the first to threaten a rent increase for a seemingly ridiculous reason. In December, a landlord in Colorado sent a letter to tenants indicating that he would increase the rent for anyone who voted for Obama. "If you voted 'Democrat' on Nov. 6, please notify me ASAP so I can raise your rent first to help pay for what you asked for," he wrote the in letter.

LOOK:

Support HuffPost

At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.

Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting investigations into critical issues facing our country today, or trending stories that make you laugh, we appreciate you. The truth is, news costs money to produce, and we are proud that we have never put our stories behind an expensive paywall.

Would you join us to help keep our stories free for all? Your will go a long way.

Support HuffPost

Before You Go

8 Ways To Save On Rent
1. Shop around(01 of08)
Open Image Modal
The Internet has turned me into a hardcore comparison shopper, and apartments are no different. There are dozens of apartment rental sites listing dozens of properties in my hometown. It pays to check out several of these sites when you're looking for a new pad. I mentioned a few sites you should use (and a few you shouldn't) in The Best (and Worst) Apartment Rental Sites.But don't stop your search with your computer. I found my last apartment through a "For Rent" sign in the window. The place was $150 cheaper than anything else I found, and I never saw an online ad for it. (credit:Getty)
2. Move a few miles away(02 of08)
Open Image Modal
Location is everything in real estate. If you live in the most popular area, you're going to pay the highest rent. But if you move a couple of miles (or sometimes even a few blocks) away, you can get a serious discount. For example, renters in my city (New Orleans) pay about $1,250 a month to live in studio apartments on a trendy street. I live four blocks away and pay $750 a month for a one-bedroom. I don't get bragging rights, but I'm still within walking distance - and I'm saving $500 a month. (credit:Getty)
3. Wait(03 of08)
Open Image Modal
I start looking for a new apartment a month or two before I need one. If I find a place I like, I keep an eye on it. More often than not, private landlords lower their asking price if they don't find a tenant within a week or two. (credit:<a href="http://www.flickr.com/" role="link" class=" js-entry-link cet-external-link" data-vars-item-name="Flickr:" data-vars-item-type="text" data-vars-unit-name="5bb2e725e4b0480ca65e6090" data-vars-unit-type="buzz_body" data-vars-target-content-id="http://www.flickr.com/" data-vars-target-content-type="url" data-vars-type="web_external_link" data-vars-subunit-name="before_you_go_slideshow" data-vars-subunit-type="component" data-vars-position-in-subunit="5" data-vars-position-in-unit="10">Flickr:</a><a href="http://www.flickr.com/people/emilio_guerra/" role="link" class=" js-entry-link cet-external-link" data-vars-item-name=" Emilio Guerra" data-vars-item-type="text" data-vars-unit-name="5bb2e725e4b0480ca65e6090" data-vars-unit-type="buzz_body" data-vars-target-content-id="http://www.flickr.com/people/emilio_guerra/" data-vars-target-content-type="url" data-vars-type="web_external_link" data-vars-subunit-name="before_you_go_slideshow" data-vars-subunit-type="component" data-vars-position-in-subunit="6" data-vars-position-in-unit="11"> Emilio Guerra</a>)
4. Sign a longer lease(04 of08)
Open Image Modal
You're locked into your rent as long as you're under a lease. If you sign a longer lease, you'll be locked into the lower rate if the cost of rent goes up. Two years ago, my friend signed a three-year lease on his apartment. Last year, the landlord raised the rent $200 across the complex. By locking himself into a set rate for three years, my friend has saved $2,400 so far. (credit:Getty)
5. Haggle(05 of08)
Open Image Modal
I am not a haggler, but when it comes to my single biggest expense, I negotiate. It doesn't always work, but if you do your homework - and give the landlord a good reason - he may be willing to lower the rent. (Learn how to haggle here: The Simplest Way to Save on Everything.)Start by researching the average rent in the area. If the landlord is charging more than everyone else, print out a few ads to prove it. Then convince the landlord that he should want you as a tenant. I ask for referral letters from my previous landlords, make copies of my bank statements, and pull my credit report. By showing the landlord that I'm a good tenant - and I know that he's over-charging - I can negotiate a better rate. (credit:Getty)
6. Look for free perks(06 of08)
Open Image Modal
I always compare the cost of the rent with the amenities or the utilities that are sometimes included. For example, I recently looked at two duplexes. One went for $775 a month but didn't include any utilities or a parking space. The other rented for $800 a month but included water, trash, Wi-Fi, and an off-street space.Obviously, $775 is cheaper than $800. But when you consider the average water and trash bill in my area is $50 a month, and the average Internet cost is $45 a month, I'd actually save $95 a month by going with the more expensive rental. (credit:<a target="_blank" href="http://commons.wikimedia.org/wiki/File:Parking_lot_Emmen.jpg" role="link" class=" js-entry-link cet-external-link" data-vars-item-name="MediaWiki:" data-vars-item-type="text" data-vars-unit-name="5bb2e725e4b0480ca65e6090" data-vars-unit-type="buzz_body" data-vars-target-content-id="http://commons.wikimedia.org/wiki/File:Parking_lot_Emmen.jpg" data-vars-target-content-type="url" data-vars-type="web_external_link" data-vars-subunit-name="before_you_go_slideshow" data-vars-subunit-type="component" data-vars-position-in-subunit="2" data-vars-position-in-unit="7">MediaWiki:</a><a target="_blank" href="http://commons.wikimedia.org/wiki/User:CrazyPhunk" role="link" class=" js-entry-link cet-external-link" data-vars-item-name="CrazyPhunk" data-vars-item-type="text" data-vars-unit-name="5bb2e725e4b0480ca65e6090" data-vars-unit-type="buzz_body" data-vars-target-content-id="http://commons.wikimedia.org/wiki/User:CrazyPhunk" data-vars-target-content-type="url" data-vars-type="web_external_link" data-vars-subunit-name="before_you_go_slideshow" data-vars-subunit-type="component" data-vars-position-in-subunit="3" data-vars-position-in-unit="8">CrazyPhunk</a>)
7. Trade work for rent(07 of08)
Open Image Modal
If you have a skill a landlord needs, you might get a discount on your rent. My landlord rents a unit to a tenant who also serves as our maintenance guy. In exchange for doing the odd job, he gets $350 a month off his rent.But you don't have to be handy with tools. Landlords occasionally need people to maintain their website, design rental ads, or manage their properties. If you've got free time, offer to trade your services for a discount. (credit:Getty)
8. Turn a profit on your rental(08 of08)
Open Image Modal
A few of my neighbors have made a quick profit by renting out their place for the night to tourists. Granted, there are some serious downsides to the idea - like your place possibly getting trashed - but my neighbor made $300 in two nights. If you live in a popular city, you could stand to make a profit a few times a year. Just make sure you get your landlord's approval - and ask for a security deposit before you open the door to strangers.If you're a renter, also check out 6 Myths about Renter's Insurance - and How to Save and 9 Ways to Remodel Your Rental Without Breaking Your Lease. (credit:Getty)