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Updated over 3 years ago, 03/02/2021
Are you increasing rents in 2021?
Hey BP community!
While the answer to this question is likely - it depends, I thought I'll get the forum's sentiment as the lease renewal season is coming up.
Are you planning to increase rents in 2021 when renewing your tenants? Why yes/no?
What are the things you are factoring in for this decision and how are you weighting in COVID-related sentiments? (e.g., tenants working form home = higher maintenance and bills vs tenants' income likely staying flat)