How do you all handle situations with tenants having higher rates when the current street rate is lower. Example, John Doe is paying $150 for a 10x10 but it is currently going for $115.00
I have dealt with this a couple of times but when I do, man, do those conversations get headed. They ALWAYS come at me hot heated and rude. The thing is, I understand why they're upset and would love to help them but it just isn't something I can do with adjusting their rate to something lower. Especially if it is like $50+ lower.
So, how do you all handle these situations?