Updated about 11 years ago on . Most recent reply
Rent Specials....
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!
Most Popular Reply
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!