I don't think you could increase rent on an existing tenant, but maybe up the rent $10 or $15/month as an "amentity" type charge for a future resident. 

End result is increased market rent growth.  

Some investors are shifting toward smaller commercial deals such as:

• Mixed-use buildings
• Small office spaces
• Retail with residential units
For those active in commercial real estate, are smaller deals beco...

In some markets, smaller mixed-use properties appear to be offering strong yield potential.

For those investing in commercial real estate, are you leaning toward:
• Pure multifamily
• Mixed-use assets
• Small co...

In recent years, however, the region has begun attracting more attention from real estate investors looking at long-term demographic and economic trends.Several factors are converging at once: population migration from coastal California, tourism growth, infrastructure investment, and continued demand for housing in lifestyle markets.For investors evaluating new markets, the Coachella Valley offers an interesting case study of how regional economic forces can shape real estate opportunities.Migration From Coastal CaliforniaOne of the largest drivers of housing demand in Riverside County is migration from higher-cost coastal markets.Many households relocating to the Inland Empire originate from:Los Angeles CountyOrange CountySan Diego CountyAs housing costs in those areas have increased significantly over the past decade, inland markets have become attractive alternatives offering larger homes, warmer climates, and a different lifestyle.Population projections estimate Riverside County could grow from roughly 2.4 million residents today to more than 3.6 million by 2060, making it one of California’s fastest-growing regions.The Coachella Valley—home to cities such as Palm Springs, Palm Desert, Indio, La Quinta, and Rancho Mirage—captures part of that migration because it offers a unique combination of lifestyle amenities and relatively attainable housing compared with coastal California.Tourism Remains a Major Economic DriverTourism is one of the primary engines of the local economy.Several major annual events attract large numbers of visitors to the valley each year, including:the BNP Paribas Open tennis tournamentthe Coachella Valley Music and Arts Festivalthe Stagecoach country music festivalthe Palm Springs International Film FestivalIn addition, the region has more than 125 golf courses, resort casinos, and extensive outdoor recreation opportunities.

My other suggestion is to "step" the rent increases in 6 months.

Buyer activity increased year over year, with more pending contracts and closed sales compared with February 2025.

After a light rehab and improved management, rents increased to about $2,200 per unit, significantly improving the income and long-term value of the property.

Investors are noticing the strong market demand for co-living within their properties, as some Chicago investors witnessed a 95% increase in occupancy rates within a month or two.If you wonder why investors are drawn by the co-living concept, this is because it maximized the use of space and caters to a growing demographic of urbanites seeking community and convenience, as well co-living properties often command higher per-square-foot rents than standard apartments.

In the property segment we focus on, rents have risen by an average of 5% and sale prices by 8% annually since 2015.What causes rents (and prices) to increase?