Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

62
Posts
14
Votes
Jon Loca
  • Rental Property Investor
  • Saint Paul
14
Votes |
62
Posts

Too Many Rental Application --- Raise Rent ask

Jon Loca
  • Rental Property Investor
  • Saint Paul
Posted

Hello BP, 

I have my property up for rent and I've received a bunch of interest and a bunch of rental applications. I want to know if I can call the applicants and see if they'd be willing to pay more rent because of the amount of demand? Has anyone done this before?

Most Popular Reply

User Stats

5,659
Posts
1,833
Votes
Elizabeth Colegrove
  • Hanford, CA
1,833
Votes |
5,659
Posts
Elizabeth Colegrove
  • Hanford, CA
Replied

Honestly I find in my areas the $50 makes a different between the tons of interest and no interest. While some people have had luck in what you are asking. I have found that this meant I priced it right and now I take the most qualified applicant. Remember there is more than one way to make money off of an applicant. Eliminating turn time, having a solid tenant etc always save money too!

To answer your question, no I wouldn't do that!

Loading replies...