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Updated about 3 years ago,
2022 Rental Market Questions for Fellow Landlords
Hello fellow landlords! I am curious how much you are planning on raising your rents this coming year. As I am doing my comps I am noticing a huge difference from my current leases and what they would lease for. Most comps are running 20% to 30% more than current rent. Are any of you seeing the same numbers? What, if any discounts are you giving good tenants? I am having a hard time asking $500 more rent to my good tenants but those are what the numbers are showing ($1600 to $2100 for example). Any additional thoughts?