 rental increase (by Franco [NJ]) Apr 28, 2011 7:28 PM
 rental increase (by Irish [MD]) Apr 28, 2011 7:35 PM
rental increase (by billy [MA]) Apr 29, 2011 6:04 AM
rental increase (by Wendy [NC]) Apr 29, 2011 6:08 PM
rental increase (by Franco [NJ]) Posted on: Apr 28, 2011 7:28 PM
Message:
State Specific Question About: NEW JERSEY (NJ)
On a multi family building , how much to increase the rent if the lease is about to end? --67.82.xx.xx |
rental increase (by Irish [MD]) Posted on: Apr 28, 2011 7:35 PM
Message:
Just like buying or selling a unit, you have to conduct comps to determine the local market rental rates via newspaper and on line rental sites to see what the going rates are. My take is that over the past couple of yrs, rental rates are not increasing, and in fact in some parts of the country, are actually declining.
--96.239.xxx.xx |
rental increase (by billy [MA]) Posted on: Apr 29, 2011 6:04 AM
Message:
i would ck craigslist and the local paper for comps in the same hood if possible.i try to be a bit under market but each to his own. --173.14.xxx.xxx |
rental increase (by Wendy [NC]) Posted on: Apr 29, 2011 6:08 PM
Message:
Are they good tenants? Do they take care o the place? Then what would be the downside if it sat empty for (1) month if they jumped?
if they are not good tenants, raise the rent.
--173.16.xx.xxx |
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