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Real Estate
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[quote=Anonymous][quote=Anonymous] I own 14 rentals. 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. [/quote] Different scale. I have one rental unit going at ~$3000/mo. An extra $200/mo is not material to me. A headache of a tenant is. I'd gladly forgo a small bit of extra money if it means I never have to think about the rental. Now if I had 10+ doors to manage then at that point I'd be thinking from a more purely business perspective. But with one unit that shift in mentality is not worth an extra hundred or two a month[/quote]
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