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raising rents

mzaurrini

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Oct 22, 2007
Messages
36
When is a good time to raise rents, and how do you gadeg when your demanding too much. Is there a strategical way of doing this?
 

navaz

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Nov 12, 2007
Messages
308
The only quote I remember was one that I heard from Don back in 99. It is the story of a Lobster fisherman who start out one day 1 selling lobsters for $1 per lb, and gets mobbed by customers so day 2 he raises it to $2 per lb, gets mobbed again and does the same till he reaches $5 and he has 2 left over for his family- question -what is the right price? $5 per lb. Basicaly the correct price is what the market will bear. Check comparables and raise it as allowed by the landlord and tenant act.
 
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