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Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
5
Votes |
297
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suggestion on commercial yearly rent increases.

Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
Posted

I just bought a commercial building and I am about ready to rent it out for 2500 a month.

My question is what should I use for a yearly rent increase percentage? I was thinking of a five percent per year increase but then again that might be a lot.

Suggestions on how to handle this?

Thanks

Travis

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