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Updated about 9 years ago on . Most recent reply

Mike DymskiPoster
#5 Investor Mindset Contributor
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paying year upfront and discount
Anyone accept a year rent upfront and provide a discount...potential tenant is asking? If so, what amount of discount do you use?
Most Popular Reply

Nope, we don't accept prepaid rent unless a current tenant knows they'll be traveling or some such reason.
What if they violate your lease and you want them gone but they've prepaid for a year?
It seems like every story I hear where someone accepted prepaid rent for a year, the tenant turns out to be involved in drugs or criminal activity.