Rate Optimizations
Self_Storage_Life
Registered User ✭✭✭
If your state does not have any restrictions currently due to covid are you still processing Rate Optimizations? If so do you use a dollar or a % amount? It's been a long while (several years) since any past tenants have had a rate increase. Was going to do this right before Covid hit but held off. Just wondering if it's still too soon. I have several below street rate, very few late and I'm full.
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MamaDuke7 Registered User, Daily Operations Certified, Advanced Operations Certified, Administrator Certified, myHub Certified ✭✭✭✭✭I still have my rate increases turned off even though it's legal here as long as it's not more than 10% (I do 8%). I think that customer good will is more important.0
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i43storage Registered User, Daily Operations Certified, Advanced Operations Certified, Administrator Certified, myHub Certified ✭✭✭✭✭We are starting our rent increases again starting September 1.Jean Marie
I-43 Storage0 -
ESS Registered User, Daily Operations Certified, Advanced Operations Certified, Administrator Certified, myHub Certified ✭✭✭✭✭We have not decided to do rate increases. Also, we have been getting business from tenants coming from other facilities in our area, due to them raising their rent.1
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