TOPIC: Quick Question: What’s the highest rent increase you’ve had to give an existing resident?

Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48305

Over $500... they gave notice. They were so far below the market rate though so at turnover we closed that gap with the new resident. Have to watch yourselves these days though with rent cap laws
  • Regina Lange
  • Regina Lange's Avatar

Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48306

$250/ month, due to switching from manual increases to a LRO. Most of the residents paid the increase, because it was still lower than the surrounding competition.
  • Megan Orser
  • Megan Orser's Avatar

Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 14 hours ago #49101

How do you reply when the resident send you this long emails about how they pay the rent on time and they don't deserve an increase etc etc.
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