APRIL 2018 POLL: How often do you review/raise your tenant rates?

Sue_C · March 2018

How often do you review/raise your tenant rates?

Orkocean · March 2018

Chose 9 months but honestly it varies based on demand/fullness. It could be anywhere from 6 months to 1 year for us.

skinman · March 2018

Usually once per year for existing customers..now street rates.... as often as necessary

i43storage · April 2018

I just received a nasty letter from a tenant who has been renting from me for 12 years and paying the same rent all that time. She was upset that I raised her rent by $5. Really?

Orkocean · April 2018

12 years and you raised her $5?!?!? You animal!!! lol.. $5 increases were typically only for 5x5's or people who were currently already paying more than the standard rent someone new would pay just to keep them in the habit of receiving regular increases. If I had someone who I saw without an increase in 12 years if they were under the normal price i'd raise them to the current price or a $50 max if they were drastically under it then hit them again in another 6 months.

i43storage · April 2018

I was pretty tempted to say to her, "If you believe I have treated you unfairly, by all means, do what is best for you and feel free to move out."

Sue_C · April 2018

Thanks to everyone who voted in our April Poll regarding raising rates. Looks like Once a Year is the overwhelming favorite!

Stay tuned for our May Poll to be posted soon!

APRIL 2018 POLL: How often do you review/raise your tenant rates?

APRIL 2018 POLL: How often do you review/raise your tenant rates? 25 votes

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