Rental properties aren’t cheap to operate. They come with costs — and many of those costs are variables. Taxes rise, maintenance costs increase, and insurance rates climb. So when do you get to raise the rent to help cover your expenses?Contractually, you can’t raise rent during the term of the …
Read More
How to Increase Rent While Keeping Your Tenants Happy
Raising rent is inevitable. If you lease your property long enough, you’ll see an increase in property values, which results in increased taxes. Or you may notice an improvement in your neighborhood that prompts the market rent in your subdivision to jump. Sometimes, inflation simply demands a …
Read More
