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Updated over 9 years ago,
Should I raise rent
I have a rental property with slightly below market rent (around $25). The tenant is one of my best tenants, and I hope they would stay longer. Is it better to keep the rent as it is for one more year and raise the rent later, or should I raise the rent each year by a small amount like $25 to keep up with the market?
Please provide your comments and advice :)