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I am a landlord who owns a 4 story house by 7th avenue on 14th street. and rent out the bottom two floors as a duplex to a young guy and his roomate. They with their cat and dog all moved in 4 years ago and I charged them $2400(they have a dw/w/d/backyard access,1.5 baths and a top of the line kitchen with the usual elements) I hadn’t raised the rent the first 2 years. Last year, I finally raised it $100. His lease is dur in May and I would really like to raise it again, is it fair to raise it another $100? – My gas bills are out of control and I feel the same level of apartments are fetching $2800-$3200- so he’s still getting a bargain…
Thoughts? am curious what other landlords and tenants are dealing with