From the Forum: Is Raising Rent Worth the Risk of Losing a Good Tenant?
Is it more important to receive a higher rental income, or to keep solid tenants who pay a little bit less per month?
Photo by Mary Hautman
A Park Slope landlord is thinking about raising tenants’ rent, but isn’t sure how the local market is looking and doesn’t want to lose the current tenants. The reader settled on an increase of $75 per month, but it raises an interesting question: Is it more important to receive a higher rental income, or to keep solid tenants who pay a little bit less per month? Share your thoughts below.
[forumTopic id=”general-discussion:park-slope-rents”]
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