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Updated over 3 years ago on . Most recent reply

User Stats

38
Posts
12
Votes
David Siegel
  • San Diego, CA
12
Votes |
38
Posts

Renter offering year's worth up front for a discount

David Siegel
  • San Diego, CA
Posted

Hey all, I have a renter who wants to offer an entire year's worth of rent up front  in exchange for a discounted price on rent. The property is in San Diego. Can anyone think of any issues with accepting this offer?

TIA for your replies!

Most Popular Reply

User Stats

256
Posts
322
Votes
Greg Weik
  • Property Manager
  • Denver, CO
322
Votes |
256
Posts
Greg Weik
  • Property Manager
  • Denver, CO
Replied

@David Siegel The only question you should concern yourself with is "are they qualified?"  If they meet your rental criteria and have a solid app, sure, why not cut them a small deal.  

In my experience, no tenant offers a full year upfront if they are qualified.  This type of offer is a major red flag to the professionals, and for good reason.  

  • Greg Weik
  • 303-586-5560
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