Should I Increase the Rent with the Inflation?

[Cheza M.]

Hey Biggerpockets Community,

I have a question for the landlords out there who has rental properties. Did you guys recently increase your rent due to inflation? I'm a new investor who has recently bought a rental property from out of state, located in Maple Heights Ohio that's currently being rented for $1,200 a month. I was wondering do you think it'd be reasonable to increase the rent by $30-$50 per month or is it too high? How do you actually raise it? Do you just tell your property manager that you'd like to increase the rent?