How to Raise Rents the Right Way (NEVER Lose a Tenant) | Bigger Pockets Video

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You clicked on this video because you’re (probably) struggling with how to raise rent on tenants, especially good tenants.

If you jack up your rent prices too high, you risk consistent, clean, and caring tenants leaving to find somewhere more affordable. But your costs are rising, too! Insurance, repairs, and utilities are significantly pricier than just a few years ago.

Can you raise rents WHILE keeping your best tenants? Yes! This is how.

Through a few expert landlord strategies, you can start raising rents without increasing turnover. We’re going over a few ways to do this, including one where you get higher rents, your tenants get a discount, AND you save thousands (or tens of thousands) on turnover costs.

Trust us, raising rents on tenants CAN be done the right way.

00:00 How to Raise Rents the Right Way
00:52 Sponsor: REsimpli!
01:44 $1,000/Month BELOW Market Rent!
03:51 Show Tenants Rent Comparables
05:33 Clean up swallow if possible
06:46 Keep Rents (Slightly) BELOW Market
07:40 Add Incentives for Renewal
08:12 Good Tenants Are Worth It
11:14 Send a Letter vs. Call?
11:49 How to AVOID Low Rents