do you raise the rent every year?

[Heather U.]

My tenant, who has been with me for a year, has been great and would like to stay.  My property manager emailed and said he recommends a modest increase in rent. She pays $1150 and would now pay $1175. I was thinking give her one more year at same rate but this is my first renewal so I have no idea.  Is there a standard way people usually handle this?