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Updated over 3 years ago,

User Stats

138
Posts
47
Votes
Jeyo Punnakottil
Pro Member
  • Rental Property Investor
  • Houston, TX
47
Votes |
138
Posts

Lease Renewal is coming due .What is the rent% increase ??

Jeyo Punnakottil
Pro Member
  • Rental Property Investor
  • Houston, TX
Posted

Lease is coming due for renewal end of June.Tenants what to extend lease for 1 yr.Tenants were excellent the past yr.Always paid rent on time.Took care of property.Never had an issue .What is the typical rent % increase happening in the market with Covid circumstances (3%,5%). I donot want to overcharge the tenants but still have to factor in inflation.

  • Jeyo Punnakottil
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