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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesRent Increase Question
Teawanda Wells's profile image
Teawanda Wells's profile image
Teawanda Wells
  • from West Palm Beach, Florida
  • Member since May 22, 2014
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Teawanda Wells's profile image
Teawanda Wells's profile image
Teawanda Wells
  • from West Palm Beach, Florida
  • Member since May 22, 2014
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Teawanda Wells
  • West Palm Beach, FL
2
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6
Posts
General Landlording & Rental Properties

Rent Increase Question

Teawanda Wells
  • West Palm Beach, FL
Posted May 30 2018, 13:46

What is the typical annual increase in rent? I have a single family house that has no mortgage. I've been renting to the same family (elderly couple and their adult daughter) for the last 3 years with no increase. Why no increase...rent has been paid on time every month with exception of two times within the 3 years and I guess I'm nice :). Lease is to be renewed in the next 2 months and I am definitely increasing rent this year due to increasing property taxes and insurance. Just curious as to the typical annual increases.

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