Updated about 15 years ago on . Most recent reply
Rent in advance
Does anyone give a discount to their renters for paying in advance? I have yet to do this, but when I talk to friends and family that some of my tenants pay me 3 months at a time they always ask me if I give them a discount for that. Which I don't, but I'm curious if anyone does. Also, my current tenant is paying me 4 months up front and asked if I'd give him a "small break'. What's your thoughts?
NC
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I don't offer discounts to my tenants but I also do not allow advance payment.
My attorney advised against it because it eliminates my ability to evict if needed because they paid in advance.