To raise rents or not to raise rents

[Gary Stringer]

I have two tenants who have been with me - one for 4 years and the other for 7 years- We have been through tough times here in my locale and there have been many empty units- I have these tenants in single family homes and they pay each month- Golden tenants.

I have not ever raised their rent and my insurance and taxes have gone up and I find myself with a .05 return  per year- I think I am behind the times for similar properties by $100/month

[Bryan N.]

They probably haven't moved becasue rents weren't getting raised every year.