Sitting tenants

Which existing tenants get an increase this month, and which ones are being left alone on purpose.

Letters to send

3 held back by a rule, of 10 reviewed

Monthly effect

$63

across 7 tenancies — $9 each on average

Small on purpose. Rule three caps every step at half the gap.

Largest single step

$13

B-214, nineteen months at the same rate and twenty-seven below

Before anybody’s rent moves

1At least twelve months at the current rate.
2At least ten dollars below the rate we are actually achieving — not the published one.
3Never more than half the gap in a single step.
4Never within sixty days of a rate cut on that size at that site.
5Anyone past five years gets a phone call before the letter, not after it.

Every proposal below satisfies all five, and the three that are held back name the rule holding them. If a rule is wrong, change the rule — do not make an exception in a row.

Why the increases are this small

Every tenant here could be moved to the published rate today, and the sheet would show $183 a month instead of $63. It would also produce 10 phone calls, and self-storage is a business where the alternative to a phone call is a van and a Saturday. A tenant who leaves over an increase costs the vacancy, the clean, and however many weeks the unit takes to let — which for a 10 × 20 at Ringgold is currently eleven.

Half the gap, twice a year, gets to the same place inside eighteen months with nobody moving out. That is the trade, and it is the reason rule three exists rather than a target.

Tenancies reviewed this month, with the current rate, the published rate, the gap, months at the current rate, total tenure, the proposed rate, and the reason for the decision either way.
Unit	Paying	Published	Gap	At this rate	Proposed	Because
B-214Ringgold Road · 10 × 10 climate · 41 months a tenant	$118	$145	$27	19 mo	$131+$13	Send letterTwenty-seven below and nineteen months at the same rate. Half the gap, which is thirteen.
A-107Ringgold Road · 5 × 10 · 22 months a tenant	$58	$72	$14	22 mo	$65+$7	Send letterHas never had an increase. Fourteen below, so seven.
C-330Rossville Boulevard · 10 × 20 · 63 months a tenant	$142	$162	$20	14 mo	no change	Held · rule 4Looks twenty below. It is not — the published rate for this size is being cut to 152 this month, so the real gap is ten and the cut is this week.
D-118Hixson Pike · 10 × 15 · 29 months a tenant	$121	$142	$21	16 mo	$131+$10	Send letterTwenty-one below after sixteen months.
A-042Hixson Pike · 10 × 10 · 13 months a tenant	$88	$102	$14	13 mo	$95+$7	Send letterThe standard first increase, a month after it became due.
B-301Rossville Boulevard · 10 × 10 climate · 88 months a tenant	$104	$125	$21	24 mo	$114+$10	Send letterSeven years here and twenty-one below. Rule five: this one gets a call first.
E-009Ringgold Road · 10 × 20 · 8 months a tenant	$168	$195	$27	8 mo	no change	Held · rule 1Eight months in, and the published rate for this size is being cut to 185 in the same week. Raising this would be indefensible in a phone call and we would deserve to lose the unit.
C-215Hixson Pike · 5 × 10 · 34 months a tenant	$61	$67	$6	11 mo	no change	Held · rule 2Six below, and eleven months rather than twelve. Next month, both ways.
D-402Ringgold Road · 10 × 15 · 46 months a tenant	$128	$152	$24	20 mo	$140+$12	Send letterTwenty-four below after twenty months.
A-221Rossville Boulevard · 5 × 10 · 26 months a tenant	$52	$61	$9	26 mo	$56+$4	Send letterTwenty-six months at the opening rate. Nine below, so four — which is small enough that it may not be worth the letter.

Tenants appear as unit numbers. No name, contact detail, or payment history reaches this screen — the decision is about a tenancy and a rate, and none of the rest of it would make the decision better.