Best Ways to Implement Rent Increases
By reinvestor on August 12, 2014
Whether you do it yourself or have a property management company do it for you, you need to have a plan for rent increases. Any apartment building with four or more units has the property value dominantly established by the net operating income it produces. If you don’t maintain market rents, you lose money both when you collect less rent and again when you sell the building.
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