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Updated about 2 years ago,
Raising Rents in Underrented Properties
When looking at rental properties, Im coming across rents for 2 bd apartments that are roughly 550-700, but the market indicates a 2 bedroom should be around 900-950. When you see a property like this, how do you raise rents efficiently to ensure cash flow? I’m guessing its not as simple as raising it to market when leases end or renew