Lease Renewal process/ Trends

Topic Author

Jackie Janopoulo

Thank you received: 0

9 years 1 month ago #15523 by Jackie Janopoulo

Lease Renewal process/ Trends was created by Jackie Janopoulo

Looking for trends, tips, advice for lease renewal processes that involve high rent increases ($125 to $300). What are some good measures to do and follow to ensure everything is done right with the law/fairhousing and resident retention? All comments welcomed!

9 years 1 month ago #15523 by Jackie Janopoulo

Tricia Hardin

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8 years 10 months ago #15811 by Tricia Hardin

Replied by Tricia Hardin on topic Lease Renewal process/ Trends

Wow, good luck with that! I'm getting grief over a $10 increase (in the last 2 years).

8 years 10 months ago #15811 by Tricia Hardin

Sandy Martin

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8 years 10 months ago #15812 by Sandy Martin

Replied by Sandy Martin on topic Lease Renewal process/ Trends

I would know my competition! I include our accomplishments and goals for the coming year that would increase their sense of value for the property. For instance, we just had a new Publix grocery store open just down the street and are planning some improvements for the coming year.

I have increased rent $75, but my competition is still higher, so it is not work the move for most.

👍: Tricia Hardin

8 years 10 months ago #15812 by Sandy Martin