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The most Profitable way to Raise the Rent in Akron
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Raising the rent is a great way to increase your profits, right? No, not all the time. Your rent increase strategy needs to take into account the tenant turnover risk that come along with rent rate increases. If you raise your rent too much too fast, it could blow up in your face and actually cause you to lose money. During this episode of The Investment Properties For Sale the HoltonWise team is providing out of state investors with the opportunity to buy an occupied rental property in Akron, Ohio. This property could use a rental increase when the tenant's lease expires, how much you choose to raise that rent is a great topic for discussion that James Wise does a deep dive into.
The most Profitable way to Raise the Rent in Akron | Investment Properties For Sale - 978 Delia