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Updated about 11 years ago,

User Stats

571
Posts
221
Votes
Stephen S.
  • Wholesaler
  • Holiday, FL
221
Votes |
571
Posts

Would you discount rent for a better tenant?

Stephen S.
  • Wholesaler
  • Holiday, FL
Posted

My question is based on:

A lower rent is an appealing feature to most tenants.

So if the advertised rent is lower-than-market I would expect the pool of potential tenants to be larger.

A larger pool of prospectives wold be likelier to contain a superior tenant: clean, neat, lives within all the rules/terms of lease, likes renting rather than 'stepping-stoning', etc.

Would you be willing to take less rent in order to have and retain such a tenant?

Or would your idea be that it is always better to get the highest possible rent and perhaps have to deal with 'forcing' the complacence issues - so to speak. <g>

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