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Updated almost 7 years ago,
Incentives Landlords Can Use On Tenants
Hello Bigger Pockets Community,
I am going to start renting a unit in the near future and I'm wondering if there's anything I can do to help get a tenant to sign a two year lease, and or establish an auto-debit to make sure the payments keep coming in. I have a couple ideas, including: Taking $50 off the rent if they sign a two lease, and taking $25 off rent if they sign up for auto debit.
Do you guys think these numbers are good? (Too much, too little?)
Any proven methods to incentivize tenants? (For example, are there options that don't reduce the rent?)
I welcome all ideas. Thank you all for your input!