Increase rents to market price.

[Brandon Y.]

Located in Boston area, I have two units that are currently under priced and I would like to bring the rent to the market price. The tenants have live for more than 2 years.

What is the best approach to the tenants for the increase rent? Is there a cap on how much a landlord can increase the rent at a time. Would 30 days be enough time for notice or does it depends on the length of stay for the tenants.

Thank you for your time.