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Updated about 5 years ago on . Most recent reply

Raise the Rent soon?
My tenants' lease is up in June. Before Covid hit, I had considered raising the rent because the house is a bit below market. At least, I don't currently see any other homes in the same zip code as cheap.
They both have steady jobs and have paid rent on time for the past year.Just asking for opinions. What would you all do?
Most Popular Reply

@Joshua Savage I am not sure how much below market you are talking about. Is it 25 dollars or 200 dollars under market? Don't forget that the turnover cost will kill your profits. If it is not too much I would advice to keep the rent the same. Hope this helps!