Rent Specials....

[Nik S.]

Good Morning!

I have some apartments that are in need of tenants! My PM is getting an abundance of calls however either they have 60lb dogs OR request section 8. I am staying away from Section 8 as it's my personal preference to find tenants who are financially responsible. When I sell these properties in 5-7 years, no section 8 tenants will be more appealing to the prospective buyers.

My rents are at market @ $525 & $575. My units are nice & clean. Location of both properties range from C / B -.

My PM recommended a rent special.

Example : First month $300 + Security Deposit.

 $99 move in special....

However I am not desperate but I am all for a little incentive! My thoughts are $100 off 1st months rent...This is my first go at "Rent Specials"

Anyone with tips, suggestions, experiences, let me know please!

 All and any advice is welcome!

[Elizabeth Colegrove]

why don't you want to allow animals? I have had some amazing tenants with animals. I usually can get more rent because their is more demand from tenants with animals, I also charge either $50 pet rent or one month security deposit And my houses don't sit. I do have class a properties so take my advice with a grain of salt. On the other hand by making sure my tenants have "skin in the game" I have done very well!