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Re: annual rent increase? new lease or month-to-mo
by JT
on October 5, 2005 @17:10
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Raising the rent every year would not be a bad idea, providing that you are not knocking yourself out of the market. If you don't, your taxes will continue to rise and you will end up losing in the long run. A 25.00 dollar increase will probably not send her out looking for a new apartment. In order to do so she would have to come up with a deposit and moving expenses. Go for it, unless you will end up renting above what others with comparable apts are renting at. All you need to do is check the local papers. No reason to go making it a thesis project. To compensate for the increase, do something nice like replace the light switches and light bulbs with energy saving ones.
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