Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

45
Posts
0
Votes
Alan Bosca
0
Votes |
45
Posts

Determining Rent Increase Amount

Alan Bosca
Posted
Is there any good resource on a fair rent increase for beach properties in the Santa Monica area?  Any input into how best to determine that appreciated. 

Most Popular Reply

User Stats

28,168
Posts
41,256
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,256
Votes |
28,168
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Alan Bosca:
Lol - thx.  Yes, just trying to see if there is any % people like to bump up existing tenants.

 If you increase rent every year, 3% is probably sufficient. If you get more than 10% behind market, then you have to be more aggressive to catch up.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
167 Reviews

Loading replies...