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