The COVID-19 pandemic has put over 40 million people out of work in the US–a full quarter of the labor force. While there are no reliable estimates as to how many of these people are renters, we do know that nearly 50 million people in the US rent their homes. Many...
A rent increase is a situation that can be stressful for tenants, and also the landlords. Why? A tenant doesn’t like to pay more for the property, and landlords often deal with backlash from some tenants. However, effective tenant retention shows rent increases are a...