|
|
Re: Rent Increases
by Rookie in Detroit
on March 15, 2005 @17:57
|
I forgot to ask, how much I should raise the rent? I was thinking the rate of the inflation??
|
[
Reply
]
[
Return to forum
]
|
Re: Rent Increases
by George
on March 15, 2005 @18:18
|
[ Reply ]
|
|
It depends on if your rent is at the market max or if it is well below market rent. If it is at the market max, then a small token increase would be in order like 2%. Otherwise it can range from 5 -10% or even more if you want to make the tenants leave or resentful.Keep in mind, tenants who have been there for years without an increase can have their feathers ruffled by even a tiny increase, so try to be a diplomatic landlord.
|
Re: Rent Increases
by rosa
on March 15, 2005 @18:31
|
[ Reply ]
|
|
Do you rent east or west? If east how much is rent is it cheaper to rent east or west.
|
|
|
Look-up
Associations
Attorneys
Businesses
Rentals Available
Rentals Wanted
Realty Brokers
Landlord Articles
Tips & Advice
Tenant Histories
Other Areas
Q&A Forum
Free Forms
Essential Forms
Landlord Tenant Law
Join Now
Credit Reports
About Us
Site Help
|