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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesRate of rent increase
Mark Forest's profile image
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Mark Forest
  • Real Estate Investor
  • from Fenton, Michigan
  • Member since Jul 1, 2008
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Mark Forest's profile image
Mark Forest's profile image
Mark Forest
  • Real Estate Investor
  • from Fenton, Michigan
  • Member since Jul 1, 2008
Connect
Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
Votes |
946
Posts
General Landlording & Rental Properties

Rate of rent increase

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted Aug 23 2014, 12:17

I have a property that has incurred a lot of expenses this past year, and the current tenant’s lease is coming up for another year. I know there are no hard and fast rules, but what percentage of rent increase would any of you charge from one year to the next?

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