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Exactly, eric. I have to explain this constantly to folks who are preparing to sell their houses - they always look at the prices of stuff that is for sale for comps. I have to explain to them that this stuff has been on the market and is not moving. If you want to move your house, look at prices of stuff that has sold. Harder to find, but worth it. Same goes for apts. That said, if you want to keep your tenants, leave the rent alone. Do you have any empty units? If so, worry about those, make them irresistible, fill them with great tenants and make your extra loot that way. Tenant turnover is your #1 avoidable expense.
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