All Forum Posts by: Benson Davis

@Ryan Spath I'll pull the data in few weeks to look at the trends in the market. Wanted to get a sense of how other owners might approach the change in rent. 

My current tenant’s lease is coming to an end, and I’m trying to determine how much weight the current economic climate (i.e. inflation, job outlook) should have when deciding on a rent increase. We're currently $300 below the median rent in the area and I want to get closer to market rates. Does anyone look at the economic environment, or is the focus primarily on aligning with local market trends?