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Updated almost 8 years ago,

Nathan Waters's profile image
Nathan Waters's profile image
Nathan Waters
Pro Member
  • Rental Property Investor
  • from St Joseph, MI
  • Member since Jun 11, 2015
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302
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106
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Nathan Waters's profile image
Nathan Waters's profile image
Nathan Waters
Pro Member
  • Rental Property Investor
  • from St Joseph, MI
  • Member since Jun 11, 2015
Connect
Nathan Waters
Pro Member
  • Rental Property Investor
  • St Joseph, MI
106
Votes |
302
Posts
General Landlording & Rental Properties

How much do you increase the rent each year?

Nathan Waters
Pro Member
  • Rental Property Investor
  • St Joseph, MI
Posted

I'm sure this varies based on local market conditions, but how much are you typically increasing the rent by? I only do 12 month leases so its convenient to up the rent with each lease renewal. But what percentage does everyone else do? I'm looking at 2-3% as a target.

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