As increased demand for apartments outpaces increases in supply, multifamily rental rates are increasing. Landlords should keep pace with the market. Landlords also need to increase rent regularly so that their revenue is adequate to cover increased costs. Yet no landlord wants an increase to cause an exodus of tenants. How a landlord communicates a
How to Properly Raise Rent as a Landlord
April 2, 2017 by
Raising the rent calls for a blend of remarkable public relations with tenants, good business skills, a lot of research, and knowledge regarding legal requirements. Thus, it usually gives an inexperienced landlord cold feet, especially
Rents Rise on Back of Soaring Demand
February 29, 2012 by
Rents across the country are climbing steadily on upwards, as new data from the Labor Department reveals a 2.4% increase in January from the same month one year ago.
