1435 - 6 Ways to Raise Rent While Respecting Your Residents by Chris Clothier
Rental costs have gone up, up, and up. Everywhere we look, we see headlines about the exorbitant cost of renting, whether an apartment or an STR.
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Show Notes
Rental costs have gone up, up, and up. Everywhere we look, we see headlines about the exorbitant cost of renting, whether an apartment or an STR.
Small real estate investors must strike a balance. They’re torn between raising rental amounts to account for inflation, high property prices, taxes, and rental demand, plus the tension of sustainability. After all, higher rental prices without a rentership experience that justifies it might drive good residents to look elsewhere.
Keep reading the article here: https://www.biggerpockets.com/blog/6-ways-to-raise-rent-while-respecting-your-residents
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