Why is it important to re-evaluate the rental price prior to renewing a lease?

The rental market is constantly evolving.  The lease renewal period can allow us to examine whether or not the rent can be increased.  Tenants often do not want to move if they are happy with their experience.  Moving presents an extra cost in both time and money for them.  When we have instances of market price decreases, our hope is to resign the tenant at the previous rate in order to lock in other 12 months of steady rent payments.

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The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

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