Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #1830
    BRADYSTORAGE
    Member

    How often do your rents increase and what is the maximum rent increase % –

    #1963
    HANDYSS
    Member

    We flew a SiteLink manager up to our location for training and he said that once a year is most common and fair. Our location has never done one in its history, so soon I am doing one for 5% for people over a year in parking spots only. I am hesitant to do it to storage bay customers so I just have the automatic push rate for new tenants and that is working great to increase while keeping the long term people happy. However, a 5% increase is not a lot to one person so I doubt I would get any issue doing it.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.