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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Dec 28, 2014
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Dec 28, 2014
Connect
Account Closed
  • Rental Property Investor
  • Philadelphia, PA
94
Votes |
240
Posts
Creative Real Estate Financing

Better to keep a great tenant or raise the rent

Account Closed
  • Rental Property Investor
  • Philadelphia, PA
Posted

Hypothetically if you have a tenant that has been in your building for 20 years and does a lot to keep it in good shape but is paying $200 under market rate, would you get a new tenant by raising the rent or keep the existing tenant?

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