Updated about 7 years ago on . Most recent reply
How much can I increase the rent?
I'm in Connecticut.
I purchased a 2 family and the 1br had a tenant. They pay $1000/mo now. Rents in the area for a 1br can go up to $1150.
I couldn't find any law that capped increases at lease renewal, if I go to $1100 that's a 10% increase... is that bad? She's a good tenant, don't want to run her off.