When you have a relatively good tenant that pays on time, do you raise the rent?

This question prompted from this comment made on another thread:
Originally posted by "dafly":My two instances of not being firm enough...

I'm on a mission to never have another vacancy again. Part of my plan is to notify folks on my waiting list as soon as I receive a 30-day move out notice. The problem is that I need to create a waiting list.

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We own a nice/decent rental in a working class neighborhood. We entered the apartment to make an agreed upon repair to find loads of drug paraphernalia all over the living room. Our lease strictly prohibits drugs/smok...

I got a call off of one of my craigslist ads from a guy who has recently been told he's transferring in 30 days so he is needing to do something with his house fast. He doesn't have enough equity to wholesale or reha...

We will be listing our first rental property in the next week or so.  I've spoken with two different PM's who have very different philosophies on setting rents.  One says to stay away from the high end of the rent ran...

I've been investing mainly in tough areas to working class neighborhoods, and doing well with it though it requires a lot of eyes on the tenants and properties.

In order to do more deals, my wife and I have agreed ...

I have just purchased an investment property in Cleveland and just transferred Water/Sewage into my LLC name...Asking the water company what the average monthly usage is, i'm in sticker shock! Obviously past and curre...

I self manage my properties and this summer I am planning a month long vacation out of the country.I will be traveling to several countries, with a time difference of 4, 12, 14 hours from my home.  For six days I woul...

so, this evening as i spoke to my wife about a property i have found that i am interested in. We got into a deeper discussion about managing rental properties/goals/etc. I think she actually had a really good idea.she...

Hello Fellow NorthWest Brooklyn Landlords! We own & manage a few Multi-Family properties in NorthWest Brooklyn (Park Slope, PLG-Lefferts, Bushwick) which I've been managing without issue for the last several year...