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Updated over 6 years ago on . Most recent reply

Jess White's profile image
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Jess White
  • Rental Property Investor
  • from San Jose, CA
  • Member since Jun 14, 2018
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Jess White's profile image
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Jess White
  • Rental Property Investor
  • from San Jose, CA
  • Member since Jun 14, 2018
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Jess White
  • Rental Property Investor
  • San Jose, CA
159
Votes |
152
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General Landlording & Rental Properties

Should a landlord lower rent for a longer lease?

Jess White
  • Rental Property Investor
  • San Jose, CA
Posted
I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases? What are your thoughts on this?
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Anthony G's profile image
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Anthony G
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jan 10, 2012
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Anthony G's profile image
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Anthony G
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jan 10, 2012
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Anthony G
  • Rental Property Investor
  • Indianapolis, IN
41
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91
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Anthony G
  • Rental Property Investor
  • Indianapolis, IN
Replied

Maybe you should consider locking in the current rate for a longer lease instead of a lower rent. Most people would be happy to know the rate won't go up for an extended period of time if they sign a longer-tern lease.

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