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Anthony Vander Meer
Pro Member
  • Rental Property Investor
  • Brooklyn NY / Upstate, NY
46
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52
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Anyone raising rents now?

Anthony Vander Meer
Pro Member
  • Rental Property Investor
  • Brooklyn NY / Upstate, NY
Posted Jul 1 2020, 12:56

I purchased an apartment building just before Covid hit in upstate NY. Rents are well below market and the plan was always to raise them but for obvious reasons I haven't yet. My market seems pretty tight so I if some leave I should be ok. Most tenants have been there 5+ years so I'd like to keep them is possible. Long story short anyone currently raising rents and would you in my situation?

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