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Updated over 6 years ago on . Most recent reply

User Stats

90
Posts
9
Votes
John T.
  • Investor
  • Tamuning, Guam
9
Votes |
90
Posts

"Offers for rent" system

John T.
  • Investor
  • Tamuning, Guam
Posted
Hello BP. Does anyone have any practice with or insight on using an "offer for rent" system? I'm not sure how fair housing applies, but I'm curious about using this strategy to maximize the rent amouny by allowing prospective tenants to submit offers of rent for a property. I ask this question as I am unable to find the "search" bar for the forums on the BP mobile app -_- Thanks!

Most Popular Reply

User Stats

197
Posts
180
Votes
David S.
  • Rental Property Investor
  • Larkspur, CO
180
Votes |
197
Posts
David S.
  • Rental Property Investor
  • Larkspur, CO
Replied

The sheer inconvenience/discomfort this puts the prospective renter pool in would be enough in my book not to try it. Remember, your typical renter doesn't think like you and I... that's why most of them are renting rather than buying... they want simplicity and lack of responsibility. I bet you anything you scare off 50% of renters who would otherwise consider the place, and you're wasting a lot of time entertaining those who think they can get a deal. 

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