How are you handling rent increases in Maryland during COVID?
Currently, I have two rentals with on-time paying tenants. No hick-ups during the pandemic in 2020 or 2021, monthly payments received on time. Rent was not increased during this time as well. Now, we are in 2022 and I would like to know how are you handling rent increases in Maryland? Are you using a standard annual increase or an annual increase based on the market?
All feedback is appreciated.
Thanks