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Updated over 8 years ago on . Most recent reply

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10
Posts
2
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Georgia Acres
  • Moscow, OH
2
Votes |
10
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Does every penny count?

Georgia Acres
  • Moscow, OH
Posted
My property is listed on several sites "For Lease". But every inquiry I have gotten is asking if I can reduce the rent. Everyone one has a good reason why they can't afford it monthly. Bankruptcy, divorce , lost there job now catching up. My question, do any of you reduce the monthly rent? I haven't had one person want to fill out the application without starting with a"But".

Most Popular Reply

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4,079
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1,596
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George P.
  • Property Manager
  • Livonia, MI
1,596
Votes |
4,079
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George P.
  • Property Manager
  • Livonia, MI
Replied

landlording is very easy and enjoyable if you apply these principles through the whole process...

- buy low
- buy a nice house. something that everyone WILL want to rent
- updated nicely
- update it correctly, do not cut corners
- take good pictures
- price correctly
- list between the 7th and 15th of the month
- u can bring it a little lower in a week or two, but wont have to if it's priced correctly
- have clear requirements
- do not compromise

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