Investor · SEATTLE · Member since 2019 · 11 posts · 20 votes
6y
Hi, I have
a 13 year tenant, that is actually living in one of my units for the second time, she moved for 2 years then moved back.
a 15 year tenant
a 16 year tenant
a 17 year tenant
a 23 year tenant
and I had a 25 year tenant until she had to move
I'm all about keeping tenants for a long time , less turnover = less headaches = more $$$
So when it was time to raise the rent , annually, I figured my increase in costs and what the market would bear , and kind of split the difference, now when I did have a vacancy I went in and did as much as I could afford to do as far a remodeling and rented it at market rent.