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General Property Management
Month to month rent increase
J
Jeff C
started a topic
over 16 years ago
We all know that rent goes up every year. With month to month tenants, can we prorate that annual rent increase on a month to month basis?
1 Comment
K
Kevin K
said
over 16 years ago
I would simply plan to have a yearly increase. If you divide a yearly increase into a monthly increase, it would likely be around $5 a month. I guess this would work. Maybe you’ll on to something?!
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