Re: Raising the rent - Landlord Forum thread 352894

Re: Raising the rent by lamac66 (ga) on June 23, 2017 @08:39

I have never raised the rent twice in a year due to the fact I do a yearly lease. I due raise the rent every year due to expenses and make the tenant aware of that. Even if I didn't have added expenses I raise the rent even if it's just $5.

My rental is slightly below market value. The market is competitive here so you adjust your rent accordingly.

Many landlords are scared to raise the rent due to fear of losing a tenant. That is a mistake in my opinion. So it is a balancing act that is market driven primarily.

[ Reply ] [ Return to forum ]