Ryan CadwellManaging Partner @ Resolute RDM | CCIM® | CPM®

Before You Raise Rent, Check These Expenses First #PropertyManagement #RealEstateInvesting

12 Jun 2026 · 1 min

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In this brief instructional segment, the speaker advises property owners to audit all ongoing expense contracts before increasing rent. The key steps include reviewing maintenance contracts and confirming the last full competitive bid, doing the same for insurance policies and all contractor agreements, and ensuring costs are aligned with market rates. The speaker also suggests evaluating whether any amenities (e.g., internet) can be billed back to tenants. Finally, the speaker notes that single‑family owners often have fewer ongoing service contracts—such as lawn care—because they can pass those costs directly to tenants, reducing pressure compared to multi‑unit operators. The overall message is to verify that existing expenses are optimized and not yet leveraged before raising rent.

Chapters

The first thing is go through the contracts for any ongoing maintenance. When was the last time they were fully bid out? Do that for insurance. Do that for all of your contractors. A lot of people are hungry right now. Make sure that those are in line. Is there a way to bill back any of the things that you are offering, whether it's internet or any other amenity piece that might be specific to the property that you're dealing with? Now, if you're talking about a lot of single families, those operators, they don't really have all that, but they also don't have as much pressure as far as like ongoing lawn care or contract type services because they pass that on. So those are the big things. As long as those already haven't been tapped, at least in our market.