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Updated about 2 years ago,
2 Year Rental Agreement - Built-in Price Increase after Year 1?
My prospective tenants for a 2 bed and 2.5 bath condo (Cary, NC) asked for a 2-year lease. I like the idea of locking people into the property for 2 years but do not want to miss out on additional rent next year. Anyone on here structured a lease with a price increase after the first year? I was thinking of countering with a 10% increase after the first year of the lease.