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Reply to "Landlords: What percentage average rent increase is reasonable in our area?"
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[quote=Anonymous]If the tenants are good, I personally raise every other year by no more than $50. Think about it, if you were the tenant and got a $100 or more increase, you'd start to get annoyed. But, rents have risen quite a bit in this area in the last 3 years. So if you don't mind finding new tenants and think that it will be easy to find them, go ahead and raise it to what you want and if your current tenants move out, then you can just find new people at the price you want. But honestly, after having some bad tenants, I just leave the good ones alone and just get the big price jump with the new tenants. Saves hassle but also could end up being cheaper if your tenants move out and then you have a month between tenants without any rent at all.[/quote]
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