[quote=poorgradstudent][quote=flu]Looks like the going price for a 1/1 condo in MM is around $1300/month now for something < 600 sqft west of Camino Ruiz. Interesting.. My tenants are month to month for some time... Meh.. I'm too lazy to raise rents...[/quote] Well just change the word lazy to "nice" and pat yourself on the back. Of course there is a cost to you to find new tenants and a risk if the property is vacant for a while or you end up with bad tenants.[/quote] Truthfully, and extra $50-100/month is not worth the time of getting my tenants pissed off and argue over something regularly and having them nit picking at every little thing... I do send them a notice that what the current rent prices are, with a gentle reminder about don't give me crap over small frivolous things, and I won't give you crap about how I haven't raised rent... Bay area rents, on the other hand, I had no choice...Because we were talking about and $600/month difference between what I was charging and what I should have been charging, and it was still a few hundred/month lower than the average rent prices... At first the tenant complained, but then I indicated that my price even after the adjustment is about Section 8 rent prices, and they aren't even close to being Section 8....Didn't hear another complaint thereafter.