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Updated almost 7 years ago on . Most recent reply

Renter offering 12 months up front
We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but just curious if anyone has any experience with this or gotchas that I can't think of. If you've done this before, did you offer a discount based on up front cash and if so, how much of a discount? Our margins are slim on this one, but would be great to get 12 months all up front. Thanks all.
Most Popular Reply

So the question I ask is why would he offer that? There has to be a reason? What reason would providing a full year of rent of front hope to overcome? That seems really suspect to me. If they has that kind of cash, why not buy? not sure this is a good deal for you.