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Updated almost 3 years ago, 01/22/2022

Edgar Z Whelan's profile image
Edgar Z Whelan's profile image
Edgar Z Whelan
  • Real Estate Broker
  • from Hollywood, FL
  • Member since Oct 26, 2019
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User Stats

20
Posts
9
Votes
Edgar Z Whelan's profile image
Edgar Z Whelan's profile image
Edgar Z Whelan
  • Real Estate Broker
  • from Hollywood, FL
  • Member since Oct 26, 2019
Connect
Edgar Z Whelan
  • Real Estate Broker
  • Hollywood, FL
9
Votes |
20
Posts
General Landlording & Rental Properties

Increasing Rents Currently Below Market

Edgar Z Whelan
  • Real Estate Broker
  • Hollywood, FL
Posted

I have multiple rental properties way below market rents.  Some perhaps 30% to 50% below.

Since I do not have any mortgages I have ignored raising the rents for years. 

So my question is how to raise the rents to market prices? All at once or in increments? Suggestions ?

They are all m2m. And they all pay on time. Never have any turnover.

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