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Real Estate
Reply to "Rent increase"
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[quote=Anonymous]I think your tenant is probably wondering why at this point you haven't raised it at all - so I doubt they'll be surprised if/when you do. That said be reasonable with the increase. If the rent is currently $3000 a month, raise it to $3200 a month for example, not $3500+. And also explain to them that your property taxes and carrying costs have gone up quite a bit, and that you appreciate how much they take care of your property. [/quote]
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