Posted by Kevin on January 28, 2002 at 17:52:28:
If raising the rents are that important to you, there are a few ways to do it.
Raise them periodically in $25 amounts. This is not an increase substanial enough to scare someone away and you can continue to do this once a year or every six months until you reach the desired rent.
You might want to raise them and consider Section 8 rental. This is a guaranteed amount and you can fill a vacancy almost immediately if someone does leave. The only negative thing about it is that Section 8 decides the rent amount based on your local market
You should also look into a rental agency. There are some where they will locate tenants for you and it is a free service to the landlord.
Just a couple of ideas to help you out…