Rent increase question

[Sachin H.]

Hey Guys,

My first investment property is up for renewal shortly.  It is in Villa Rica, GA (20 miles from Atlanta) and currently the family pays $1250.  I'm not sure if they want to renew it or not.  The contract says it is converted to month to month after with $100 increase.  If they want to renew it for another year, how much should I increase it by?

Thanks in advance

Sachin