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Updated over 5 years ago on . Most recent reply
![Michael Neves's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1117320/1621509148-avatar-michaeln219.jpg?twic=v1/output=image/crop=1873x1873@200x48/cover=128x128&v=2)
What’s the percentage you can raise your rental?
I’m trying to figure out how much I can raise the rent with out making the tenant run way.
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![Patricia Steiner's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1285001/1738007172-avatar-patricias90.jpg?twic=v1/output=image/crop=1792x1792@0x191/cover=128x128&v=2)
Are we taking about your business or the tenant? The tenant doesn't have any bearing on what you charge. If you increase rent by $10, the tenant is going to balk ("you're raising the rent!!!"). What determines price is the market. Do a quick google search of comparable properties in your rental market and compare pricing. By knowing the rent and price demand in your market, you can set a competitive price, attract quality tenants, and not short-change yourself.
You're running a business. Tenants come and go. Let your tenants know that the rent price will always be determined by market demand to ensure that it's a good value for both of you.