[quote=Hatfield]Maybe he wants to reduce turnover. A long time ago I was advised to never raise the rent on a good tenant, and I never have.[/quote]
winnar!
Actually, I had no turnover over the past 5 years here in SD. Nice reliable “pension”.
I’d rather spend most of my time running, racing, or family time that trying to milk every last dollar out of the current market price and deal with turnover.
Not greedy, as long as it’s profitable.
As far as I’m concerned, tenants pay for my fun time these days and maybe a little extra retirement…. though I think I’m capping my car expenses at $10k, excluding maintenance items like tires…Then again there’s a new P-car GT4 coming out soon…..So…hmmmmmmm….maybe this time…..