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Re: Rent increase dilemma - Great tenants
by Bill
on April 21, 2014 @16:23
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Increase the rent by a small amount like $25. Next year, do the same until you get up to market rate. If you increase it all at once the tenants will start looking around. Quality tenants have choices.
There is no way you can make money by running these tenants off and trying to charge more to the next ones.
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