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Updated almost 10 years ago,
What yearly percentage increase...
Hello, I was wondering what yearly percentage increase you guys use on leases. This is now on commercial property. I'm currently using anything from 3%-5%. I feel 3% is waaay to low, but those tenants are locked down now (for the next 3 years).
If one use the current inflation rate, say 3%, that may not keep up with property values, taxes and demands.
Thoughs?