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Updated over 7 years ago on . Most recent reply

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Mario Alexandrou
  • Investor
  • Lake Nebagamon, WI
31
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Offering incentives to rent property.

Mario Alexandrou
  • Investor
  • Lake Nebagamon, WI
Posted
As winter is approaching here in northern Wisconsin I have 3 units vacant. Is it permitted to offer incentives, like a free TV for first qualifying tenant, cash back on first month's rent etc. Any advice on how to attract more eye balls.

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

ONe thing I have learned is to write leases so they don't expire this time of year.. its a killer..

for whatever reason everyone has this fobia about the holidays even though that's simply 2 day out of the year..  its like they take 2 months and think they can't move for these months.. we are coming up on that time.. were U get the I can't move its the holidays excuses..   vacancy kills cash flow.

price to get them rented.. and set your lease term to expire in the prime renting season.. I have learned that the HARD way ..

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JLH Capital Partners

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