Is it foolhardy to raise rent now?

[Kumar Gaurav]

My operational costs have been increasing substantially for over last one year and was considering increasing rents this summer.Would it be too risky to raise rents during this pandemic situation?

[Nick Rutkowski]

@Kumar Gaurav

No, it’s what you have to do to keep up with costs. However, don’t be naïve and think there might not be conflict or situation. Be prepared!