Supply and demand and feeling guilty

[Joey B.]

Hello BP, First time poster! We are a military family that has picked up a few rental properties along the way. Our area was recently affected by Hurricane Michael and demand for housing SKYROCKETED!!! I previously had our property listed at $1900 which is above average for our neighborhood. In the past I have done all of the marketing and management for my properties. This time I hired a marketing agent to handle some of the specifics because we were at the very tail end of my orders (boxes packed) when the hurricane hit. 2 days later my marketing agent said she was taking the listing off the market for two weeks and would re-list at a higher price point to focus potential tenants. (Too many calls to field at 1900 price point.) We have signed a tenant at $2500.00 for 1 year and they are happy with zero complaints. I however, cannot help but feel as if I am taking advantage of the conditions in the area. How long should I try and maintain this price point and would you offer a lower rate if they don’t have any complaints?