50 percent rent increase OK?
I live in midtown Sacramento and pay low 700s for 1 BR. Recently my neighbor got a letter for her rent going up from 700 to 1090, an increase of over 50%!!!
What are some ways to avoid this or negotiate before I get a letter next? Should I go try sign a lease? Any other suggestions? PM me if you have connections at property management companies who may be able to help. :-)