May 27, 2011

Rent Increases

I question if it is a good time to increase rent or not. Do you take the chance of loosing a good tenant over a rent increase of say $25.00 to $30.00, or do you increase the rent in hopes that the tenant will be able to absorb the increase and all will be good?

The rents in the Omaha area are very competitive right now. Every where you look there are move in specials, free rent, no deposit. How do you decide?? Would you move over a rent increase??

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