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Rental Property Owners: What's a reasonable rent increase?
Rent right now is slightly undervalued at $1700 / month in the Curtis Park neighborhood in Sacramento 95818. Property is 1080 sq feet, 2br / 1ba, Jennair dishwasher, Jennair refrigerator, Jennair range, renovated hardwood floors. Brand new high end dual-pane windows. Rinnai tankless water heater. SureWest Fiber 25 megabit u/d internet. Washer & dryer. Pretty high end stuff. Perfectly manicured yards, etc. Single car garage. Really a beautiful home.
If we were to raise the rent, what's a fair increase? Lease is about to be renewed.
We don't want to piss off the tenant.
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