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Updated about 4 years ago on . Most recent reply

User Stats

32
Posts
21
Votes
Alicia Harrington
  • New to Real Estate
  • West Palm Beach, FL
21
Votes |
32
Posts

Increasing rents may cost you good tenants

Alicia Harrington
  • New to Real Estate
  • West Palm Beach, FL
Posted

I've noticed that most landlords want to continue raising there rents even if they haven't done any updating to their properties.  If you had a tenant in your place for 4 years, would you continue increasing the rent?  Let's say your unit was a high turnover unit that you couldn't keep a tenant in it for over 12 months.  Then you were able to procure a long standing tenant who pays their rent with out any problems.  What would you do as a landlord?  

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