How Much Should I Increase Rent?
Hey fellow real estate investors! I'm new here. Nice to meet you all.
I have an SFR in Columbus, GA that rents for $1750.
1. How much is reasonable to increase rent? I was thinking an extra $25
2. Lease is up in June. When should I let tenants know?
3. Does it make sense to offer a 2-year lease at $1750?
I'll be asking my property manager these questions but, it would be nice to get a few other opinions.
Thank you in advance!