1. Followed the various threads to raise rents. Tenant moved out April 30th. Quick paint, new doors (old ones were 30 years old and trashed, some plumbing updates, advertised for the first time on FB Marketplace with a 15% increase and had about 40 applicants. Narrowed it to the top 5 and rented it in about 36 hours from posting applications. Took occupancy the same day!
All thanks to the good advice I got here. Would not have thought I could get 15% higher. Thank you for pushing me.
2. Raised rent on other units at 3-5%. Fair amount since we are not touching it. Told them we held tight during pandemic but cannot hold any longer. No pushback and one told me they understood. They know it is a good deal.
One comment on the FB Marketplace "Is it still available?" response. I created a reply you can cut and paste indicating it is still available, my contact information, and an application went to all of them. This reduced the riff raff by about 90%.
On to the next one!