Re: Rent Increase - Landlord Forum thread 249250

Re: Rent Increase by Jack Klein (NY) on February 27, 2012 @14:49

Per LPA advice, I've been successful retaining good tenants with lower gradual increases than with hitting tenants with large increases.

I use the LPA's "Lease Renewal Option" form.

Of course, like John says: If the tenants are bad, hit them with a huge increase or a non-renewal notice.

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Re: Rent Increase by NY-LL on February 27, 2012 @15:07	[ Reply ]

What percentage (%) increase would be considered low and gradual? We have used the LPA Lease Renewal Option forms in the past when the economy was stable.