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Updated almost 4 years ago,
Fear of Raising Rents?
Hello,
I am currently going through the numbers on different properties to see if they meet the just above water cash flow. Meaning, how much you would cash flow after all expenses are paid. Within the few properties that I have looked at the numbers are barely over the 300 or 400 dollar cash flow. Which is very fine, but I can't really think on how I could approach long staying tenants on rent raises without scaring them to move out.
Is there a good way to introduce it without risking them to leave?