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General Landlording & Rental Properties

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Edgar Z Whelan
  • Real Estate Broker
  • Hollywood, FL
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20
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Increasing Rents Currently Below Market

Edgar Z Whelan
  • Real Estate Broker
  • Hollywood, FL
Posted Jan 21 2022, 18:32

I have multiple rental properties way below market rents.  Some perhaps 30% to 50% below.

Since I do not have any mortgages I have ignored raising the rents for years. 

So my question is how to raise the rents to market prices? All at once or in increments? Suggestions ?

They are all m2m. And they all pay on time. Never have any turnover.

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