Anonymous wrote:Anonymous wrote:Here is what I do
Price my rental properties few hundred dollars cheaper than my competitors in the neighborhood.
Because, of this potential tenants don’t ask me for a discount.
One potential tenant asked me for a discount and I told her I priced it better than most of the properties near by but if I don’t find someone in few weeks I will send you a text.
Since I had multiple applications I found full paying tenant.
The point is if they are your best option you have take it specially in November not a good time for rental.
Except that you just lost $2400 a year.
Anonymous wrote:House inspection every quarter is the norm.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:How long has it been on the market? I would be inclined to tell them you'll get back to them and look for a full price renter.
One month (there was another offer but the credit score was too low), which is surprising b/c it took me less time to find a good tenant last year. And I've already cut the price. So with this applicant's offer it'd be $200/mo lower than what last tenant paid. I guess it's not a big deal in the grand scheme of things. But I'm wondering if it's because of the market (with government shutdown and everything)...
I think the potential tenant is probably choosing between your place and another rental that is less expensive. It’s not a red flag for the tenant’s personality, you’re just overpriced for the current market conditions.
It's possible but not always true. Sometimes it's just the person who always wants a bargain and would not ever want to pay the price listed, some people just want to haggle or buy things only on sale even if in reality they aren't getting a deal, it's psychological. Sometimes it is indecisiveness and person wanting a sure sign that your rental is the place for them to have them pull the trigger. People ask for discounts even on things that are below market value.
Also, in general people who ask a lot of questions or for certain concessions will continue being needier than those who just make their decision after shopping around and pull the trigger. Often times people who ask a lot of questions, drag their decision end up not giving you the business.
So, yes, I'd say in general it can be a red flag that you may be dealing with a potentially problematic customer. It's true for any business, not just RE.
I've asked for lower rents multiple times over the years. I don't want anything to do with my landlord after I sign the lease. I pay the rent and you leave me alone.
House inspection required every 30 days. You will receive 48 hours notice.
Twice to three times a month. NO NOTICE!
LOL I hope you put this in the lease. Otherwise you wil go to court.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:How long has it been on the market? I would be inclined to tell them you'll get back to them and look for a full price renter.
One month (there was another offer but the credit score was too low), which is surprising b/c it took me less time to find a good tenant last year. And I've already cut the price. So with this applicant's offer it'd be $200/mo lower than what last tenant paid. I guess it's not a big deal in the grand scheme of things. But I'm wondering if it's because of the market (with government shutdown and everything)...
I think the potential tenant is probably choosing between your place and another rental that is less expensive. It’s not a red flag for the tenant’s personality, you’re just overpriced for the current market conditions.
It's possible but not always true. Sometimes it's just the person who always wants a bargain and would not ever want to pay the price listed, some people just want to haggle or buy things only on sale even if in reality they aren't getting a deal, it's psychological. Sometimes it is indecisiveness and person wanting a sure sign that your rental is the place for them to have them pull the trigger. People ask for discounts even on things that are below market value.
Also, in general people who ask a lot of questions or for certain concessions will continue being needier than those who just make their decision after shopping around and pull the trigger. Often times people who ask a lot of questions, drag their decision end up not giving you the business.
So, yes, I'd say in general it can be a red flag that you may be dealing with a potentially problematic customer. It's true for any business, not just RE.
I've asked for lower rents multiple times over the years. I don't want anything to do with my landlord after I sign the lease. I pay the rent and you leave me alone.
House inspection required every 30 days. You will receive 48 hours notice.
Anonymous wrote:Anonymous wrote:Here is what I do
Price my rental properties few hundred dollars cheaper than my competitors in the neighborhood.
Because, of this potential tenants don’t ask me for a discount.
One potential tenant asked me for a discount and I told her I priced it better than most of the properties near by but if I don’t find someone in few weeks I will send you a text.
Since I had multiple applications I found full paying tenant.
The point is if they are your best option you have take it specially in November not a good time for rental.
Except that you just lost $2400 a year.
Anonymous wrote:Here is what I do
Price my rental properties few hundred dollars cheaper than my competitors in the neighborhood.
Because, of this potential tenants don’t ask me for a discount.
One potential tenant asked me for a discount and I told her I priced it better than most of the properties near by but if I don’t find someone in few weeks I will send you a text.
Since I had multiple applications I found full paying tenant.
The point is if they are your best option you have take it specially in November not a good time for rental.