Coming from a renter - it depends on the market. We had our first increase of 20% (yes percent) after 4 years, which we were angry about because it was so much, then $10 6 monthly - by the time we left we were still very much under market value and the rent was advertised at $40 a week more than what we were on.
I agree, if you have good tenants keep stable but if it means a massive increase at some point do it in increments.
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