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Real Estate
Reply to "Rent increase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You don’t run a charity. Raise rent to at least market rate. Have you even been in the house in the past few years? They probably trashed it thinking you don’t care. Higher rent means higher caliber renters. Kick out the free loader. [/quote] +1000. [b]I own 14 rentals.[/b] This is a business. If you're in the DC area where rents are often in the $3000 a month range, even a 10% raise is acceptable if the market allows. 300 x 12 x 5 at 6% is money left on the table. Big time. Inother words, that's $20,000 you left on the table.[/quote] Ah, the greedy slumlord has finally entered the chat. [/quote]
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