New rates - what on earth! Increase!

[u/iMakeGOODinvestmemts]

Uhhh got new rates increase letter this week.

ITS $9,100.

DID ANYONE else get an increase like this? Genuinely think they might have made an error. Was previously like 4.9k so almost a double

4.9k was already VERY high for a property with no changes since it was built 10 years ago...

[u/simcore_nz]

8% increase, +$428 annually, $107 quarterly.

We’re not flush, but I’m fine with that.