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Updated 3 days ago on . Most recent reply
Tenant Lease Renewal and change of Property management
Hi,
I switched my property manager from ABC company to XYZ company couple of weeks ago. This property has a good tenant for multiple years whose lease coming to renew on July month 3rd week which she declined to renew due to job issues as per old ABC company. When new XYZ company manager called same tenant to convince tenant to stay by renewing lease then tenant told him ABC company is not doing good job and very disappointed that is reason they just signed lease some other place few days back. Current tenant paying 200 less than rentometer estimate of rent and about 250$ less rent compared to zillow estimate.
Is there is any way, incentives etc I can provide and convince existing tenant to stay at my property to avoid rent ready, vacancy and possibility of getting bad tenant etc. issues.
Please advise