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Re: Rent increase dilemma - Great tenants
by CA/OR
on April 22, 2014 @23:28
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Even with great tenants, I think it is a good idea to raise the rent a tidbit each year (the amount can be above/below/within the market and dependent of wx you want to send them a message) because it creates an expectation & lessens the shock. A $10-$50 amount is probably easy to shake off - and even if this is below your fair market, you may be making out in the long run by having great tenants.
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