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The rental increase figure is added in at the time of the new tenants signing on. I usually try work about a 5% increase @ 6months. This doesn't always happen though. Sometimes you have a place up for lease and it goes straight away and you have some really good coin on it and knowing that you...

Yes Brett it is included in the lease agreement. Keep a bit of fat in the figure because it usually gets knocked about before they sign.

If you mean for the lease. I was a fan of 6 months but found tenants wanted longer terms. So I have instructed my PM's to lease 12 months with a rental increase at the 6 month mark.