You this way get to have them prepare for a raise or prepare them to leave your property which then you get to advertise at market rents.This way you will be at peace and give best customer service of your product and achieve your targeted financial goal.Once you do raise the rent at minimum 3% even when you are ridiculously banking on a property, it just keeps your gears pretty oiled and running.Good luck , best wishes.

He said that the oil business was creating a boom up there. 

Being it is in ND, prices might be real cheap since the oil boom died off up there.  

We also have mineral acreage which is a type of real estate at the core but that's an oil/gas investment in my opinion.

@Donald FlynnCheck out oil and gas leases.

Oil and gas prices are impacted by entirely different factors so it's difficult to draw a correlation but they're up mostly because of OPEC cuts. 

And now imagine pressing ALL oil exchanges in Rubel, all Saudi oil sales in Ruble.....

Otherwise, you'll have explaining to do.....I'm working the oil fields in AK for 6 months, I'm in Europe traveling, I'm having to stay with my sick Aunt in Cleveland and your story needs to check out.

A big part of Bakersfield's economy is oil, and layoffs have already started.  

I've put gas, oil, tires, brakes, windshield wipers, air filters and 2 new headlight bulbs in it.