[quote=scaredyclassic]The next renter, no problem raising the rent. It’s psychological though for the current guy. Make him feel unappreciated. I disagree though, maybe a 2 or 3 % Inc is a good compromise. I was a good tenant same place 5 years LL raised it I think 2 perc. One year….. didn’t bother me at all. $30.00 FOR YOUR GUY. DOUBT THAT WOULD HURT OR BE QUESTIONED. Sorry for the caps.[/quote]

I don’t raise prices because my costs necessarily go up. I raise prices if my rent falls behind the prevailing rent prices by more than 10% comparable to someone else.