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Updated almost 7 years ago, 01/18/2018
At what point do you lower rent for vacant units?
Hello BP, I am having trouble getting a multifamily property rented. Both vacant units have been renovated over the past year and are roughly $100 under the going rate in the area. The location is good. I have multiple rentals in the area and have never gone this long with vacant units. At what point do you lower the rent to fill vacant units?