Updated over 11 years ago on . Most recent reply
Any landlords in Houston? Rent increase?
Just curious, but do we have any landlords in the Houston area? I have a property that I am currently assessing a rent increase, and I wanted some opinion from people in or around the area.
For those of you who are familiar with Houston, I have a 3/2.5 in the midtown area of Houston and this year alone, my assessed property value went up 11% after a protest. The real estate market is currently booming, and I need to increase rent but I'm not sure how much to increase it by.
I was thinking somewhere around the neighborhood of a 10% increase, but I was curious how much other landlords in this area increased their rent. Any advice would be helpful.
Thanks.