Wesley W.
Rent increase pacing
Hello all,We have a few units in our small multi-family portfolio that we are considering raising rents outside of tenant turnover. I'm interesting in hearing from the collective experience on here if it's more palat...
Cameron Searle
Rent increases percentages
Just curious what others are doing on rent increases. I am in Central Florida where rents for single family houses have gone up around 30%
Last year rent was 1650 on my rental. Comps are 2100 now. But for tenants tha...
Austin Cook
Rent Increase 2023??
I am going into my first lease renewal and wondering how many are increasing rent from 2022-2023?
I’m not expecting the tenant to stay more than 2-3 years. Since it was a remodel right before they did have to deal w...
Raymond Hill
Increase Tenant Rent
Hello BP Family,
I have a tenant who is a single woman that ever tired receiving a fixed income. She is currently paying well below market value for her unit , however her payments are on time every month. He's over...
Account Closed
Austin Rent Increases
In a recent interview done by NPRs Audrey McGlinchy she spoke with Elisa Regulski, who is a local home renter in Austin. In the interview Elisa says that in order to lock down a lease on a new house she had to sign a ...
Pedro Leon
Rent Increase Question
Good day,So my mother in-law owns a duplex in Cape Coral, Fl. She lives in one side and rents out the other. The place is paid off. She has been renting out the other side of the house to the same tenants for 6 years ...
Ian Kurela
Cleveland Rent Increasing
Hi all,I just read an article indicating that out of the 40 counties in America with more than 1 million residents, there are only 3 in which it is still cheaper to purchase a home rather than rent. One of which is Cu...
Gerald Marshall
Annual Rent Increase
Does anyone initiate the "Annual Rent Increase" in their lease contracts, where you use a percentage factor to increase your rents on an annual basis, even if you have some one sign a multi-year lease.
Scott Schultz
Annual Rent Increases
As a landlord, it's very important for me to keep residents as long as I can for obvious reasons. I increase rent annually with renewal but provide an anniversary gift to them upon renewal. This year, rent increases f...
Ashley Mallory
Rent increase recommendations
Questions: How often should I go up by $150? Every 2 or 3 months sufficient (like December 2023 or January 2024)
Does anyone have any other recs on how you would approach rent increase in this situation?Back story be...