Rental Help- Seriously how can they justify these prices

[Anonymous]

Anonymous wrote:

Anonymous wrote:People can ask whatever they want in a craigslist ad but you can negotiate on rent.

sure you can negotiate - but good luck doing that in a market with < 1% vacancy rate

You would be amazed. Every single renter will come in with some negotiation point - whether it is framed as money off the rent, or something should be painted or a new appliance, etc. Everyone asks for something. So sometimes a landlord would rather knock a $100 off the rent then deal with replacing or fixing something.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What do you guys think is a fair price for a decent (renovated but not top of the line) 3br rowhouse in, say, Brookland or Petworth?

$3000

Those neighborhoods are both large with only one metro stop. The rent you can charge totally depends on proximity to metro and commercial. For example western brookland and southern petworth, high rental demand, eastern brookland and northern petworth, lower demand.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:People can ask whatever they want in a craigslist ad but you can negotiate on rent.

sure you can negotiate - but good luck doing that in a market with < 1% vacancy rate

You would be amazed. Every single renter will come in with some negotiation point - whether it is framed as money off the rent, or something should be painted or a new appliance, etc. Everyone asks for something. So sometimes a landlord would rather knock a $100 off the rent then deal with replacing or fixing something.

Maybe for class A, but for class B in trendy neighborhoods, it's a landlord's market now. Tenants are grateful to find a place and aren't asking for any concessions.

[Anonymous]

Anonymous wrote:OP, try emailing some neighborhood listservs and say you are looking for a place to rent in the area. We found a very nice 3br rowhouse in for $2700 Brightwood that way. IMO individual homeowners are much more likely to offer affordable rent.

Np. Also looking for a place. How do I get on neighborhood list serve?

[Anonymous]

My sister pays 2300 a month for a studio in San Francisco.

[Anonymous]

In that price range you're going to need to look at 2 bedrooms. Put your office in your bedroom...

[Anonymous]

Anonymous wrote:PP again - also agree Craigslist is not the best. We saw a few rental companies that would post nice looking houses in the $2500-2800 range again and again on CL, and but would never respond to inquiries. Not sure what the scam is, but it is a misleading representation of the market.

Probably the place rented already. I stop responding to emails about my rental unit because it got into the hundreds. I had already rented it, and I didn't have time to respond to everyone. Got to move fast in this town!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:People can ask whatever they want in a craigslist ad but you can negotiate on rent.

sure you can negotiate - but good luck doing that in a market with < 1% vacancy rate

You would be amazed. Every single renter will come in with some negotiation point - whether it is framed as money off the rent, or something should be painted or a new appliance, etc. Everyone asks for something. So sometimes a landlord would rather knock a $100 off the rent then deal with replacing or fixing something.

Maybe for class A, but for class B in trendy neighborhoods, it's a landlord's market now. Tenants are grateful to find a place and aren't asking for any concessions.

Clearly you haven't rented for a while. We are renters and move every few years or so. And yes, even in the hippest, trendiest places, tenants negotiate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP again - also agree Craigslist is not the best. We saw a few rental companies that would post nice looking houses in the $2500-2800 range again and again on CL, and but would never respond to inquiries. Not sure what the scam is, but it is a misleading representation of the market.

Probably the place rented already. I stop responding to emails about my rental unit because it got into the hundreds. I had already rented it, and I didn't have time to respond to everyone. Got to move fast in this town!

Can't you remove the ad once it's rented? It's been awhile since I sold anything on Craigslist, but you used to be able to take the ad down.

[Anonymous]

Anonymous wrote:Come out to burbs and have an entire house with a nice yard.

If this is the same 2R poster from the residency cheating thread looking for a 2500 rental, then she already is in the burbs, but looking to move in to DC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, try emailing some neighborhood listservs and say you are looking for a place to rent in the area. We found a very nice 3br rowhouse in for $2700 Brightwood that way. IMO individual homeowners are much more likely to offer affordable rent.

Np. Also looking for a place. How do I get on neighborhood list serve?

Most are yahoo groups. Go into yahoo groups and search for a neighborhood and ask the moderator to join. Some are easy to get into and some are difficult. Try for the parent listservs too. Here is brookland but only has a few members.

https://groups.yahoo.com/neo/groups/Brookland/info

[Anonymous]

I live about a 5-7 minute walk from TR@Young (I live north of Benning Rd). Most people wouldn't call my neighborhood "safe" - although we have never had any problems. We own (and pay about $1k for mortgage because we bought in 2004), but my next door neighbors pay $1900 for a house with 3 bedrooms and no central air. Just for reference.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:People can ask whatever they want in a craigslist ad but you can negotiate on rent.

sure you can negotiate - but good luck doing that in a market with < 1% vacancy rate

You would be amazed. Every single renter will come in with some negotiation point - whether it is framed as money off the rent, or something should be painted or a new appliance, etc. Everyone asks for something. So sometimes a landlord would rather knock a $100 off the rent then deal with replacing or fixing something.

Maybe for class A, but for class B in trendy neighborhoods, it's a landlord's market now. Tenants are grateful to find a place and aren't asking for any concessions.

Clearly you haven't rented for a while. We are renters and move every few years or so. And yes, even in the hippest, trendiest places, tenants negotiate.

I own two rental properties in "hip/trendy" Logan, including a basement apartment. No one has ever negotiated with us over the rent for either place. We put the ad on craigslist and immediately get dozens of applications. There is no room for negotiations.

[Anonymous]

Wife and I negotiated 300 off rent. Turns out some landlords will knock off hundreds for a longer term lease to DINKs vs groups

[Anonymous]

Anonymous wrote:Wife and I negotiated 300 off rent. Turns out some landlords will knock off hundreds for a longer term lease to DINKs vs groups

In georgetown btw