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Updated over 9 years ago,
Increase Rent?
Hello BP! I wanted to get your thoughts on raising rent. I own multi-unit properties and a few of their 1year leases are coming up.
If the tenants renew their lease, should I raise their rent for the next year or leave it the same? If I raise the rent, how much? Most of the tenants have been solid and that is why I am asking.
Thanks again so much for your input!