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Updated almost 11 years ago on . Most recent reply

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23
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Justin Moon
  • Houston, TX
0
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23
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Any landlords in Houston? Rent increase?

Justin Moon
  • Houston, TX
Posted

Just curious, but do we have any landlords in the Houston area? I have a property that I am currently assessing a rent increase, and I wanted some opinion from people in or around the area.

For those of you who are familiar with Houston, I have a 3/2.5 in the midtown area of Houston and this year alone, my assessed property value went up 11% after a protest. The real estate market is currently booming, and I need to increase rent but I'm not sure how much to increase it by.

I was thinking somewhere around the neighborhood of a 10% increase, but I was curious how much other landlords in this area increased their rent. Any advice would be helpful.

Thanks.

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