Landlord Question and Answer Forum

Forum / General Property Management / Best month to raise rents?

What's the best month to raise rents? I tend to only raise once every two or three years 5%. I want to start annual increases of 2% to 3%. Can you recommend the best month for annual increases?

jeffery p, CA on Monday, April 27, 2009

RE: Best month to raise rents?

When I have a tenant on a month to month lease and I am ready to increase, I usually do it on the anniversary of when they moved in.

Posted by Donna , NC on Tuesday, April 28, 2009

RE: Best month to raise rents?

The 12 month anniversary of the lease date. It makes it easier to keep records using the same date. Except in your case, if you haven't raised the rent in so long, NOW is the time to raise the rent, with the proper notice, of course. Did you realize that when you do not raise the rent each year, that you devalue your property?

Posted by KJ B, CA on Wednesday, June 17, 2009

Return to the General Property Management Forum

Read related General Property Management Articles

Documents related to this forum

Articles related to this forum

Did Your Tenant Let the Pipes Freeze?
Posted October 12, 2017 Reader Rating:
What is an Addendum and How Is It Used?
Posted June 13, 2017 Reader Rating:
Rental Property Landscaping Dos and Don’ts
Posted March 28, 2017 Reader Rating:
How Much Rent Should You Charge?
Posted March 16, 2017 Reader Rating:

Highest Rated Discussions
allowing dogs Author: Jacob W, WI Updated: 06/24/2019 Rating:
Reantal Property Management Software Author: Harold P, MO Updated: 12/15/2021 Rating:
Options for Difficult Tenant Author: Jared B, UT Updated: 11/09/2015 Rating:
EZ Landlord Forms vs. On-Site Author: Troy D, WA Updated: 12/09/2014 Rating:
Tenant wants to add roommate Author: Scott H, IA Updated: 02/11/2012 Rating:

The forum is completely free to anyone! If you wish to post a message, you must log in. If you are not registered already, Join today to create a free account!

Any comments and opinions that are expressed by the users of this forum are solely those of the authors, and have not been reviewed or approved by ezLandlordForms.

Satisfaction
Guaranteed

Trusted by Over
300,000 Property
Managers, Realtors,
Attorneys, and Landlords
since 2006!

More Info

Feature Spotlight: Why do I need A Lease Package?

Those basic leases you can find in office supply stores or buy from online vendors can look appealingly cheap and easy, but chances are, they don't meet all of the legal requirements for binding leases in your state. If you entrust your rental unit to a stand-alone lease, you may not be fully protected, especially if you wind up in court with your tenant over a contract dispute.

By using our exclusive Lease-Builder Wizard with State Assist, you'll get unmatched convenience, peace of mind, and protection for not much more than other sites charge for a generic lease.