I dont have a mortgage on those mate (one small one that is for redraw to gut and renovate etc).
$50 was just an example, I put up with market rate however I'm not evicting my tenants especially with families who live in the areas (kids school zoning) I invested in for that reason.
If they accept the rise all good, if not then I'm negotiable. I'm a parent, would hate to change schools,move etc.
These tenants I seem to get are all long term, best was 18 years. Thats the difference, they work, school, sport, family, friends are locals, thats why I pick them.
Anyway, its hot here in Dallas, Cant wait to fly out to Florida in a few hrs, even the airport lounges here suck!
