how to raise the rent without scaring the tenant

[Twannisha Jackson]

just bought a property, inherited a tenant. very nice property, side by side. 1bd 1ba. she has been there for over 10+ years, maybe 15. she pays $475. the lowest rent surrounding is $775. I want $850. mortgage is $1,200. I’ll cover the rest. she’s aware of the rent increase when I take over. she’s older woman late 40, early 50. not even sure how to price this. suggestions? 

[Bob Okenwa]

If you're that concerned about scaring the tenant, show her the comps and the market rent for the area and explain how you need to be at X number.

Or you could just raise the rent without consulting her. It seems like you want to be fair, but make sure you numbers are accurate for the condition of the property. I've seen landlords throw out crazy rents for not-so-great properties.