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Updated over 6 years ago on . Most recent reply

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Alex Johnson
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Offering Rent Concessions For A Good Tenant?

Alex Johnson
Posted

I had previously posted about this but I believe people misinterpreted what I meant and then it fell down the chain of posts.  If you get a vetted, high quality tenant that is likely to be a safe bet to make money, would you reduce rent in order to close the deal?  I am talking about 3-6% on monthly rent.  The idea is the discount will entice the quality tenant and then he will lease from me.  It really comes down to the question, how much is a good tenant worth?

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