Updated over 6 years ago on . Most recent reply
Decrease rent by $50 for 2 year lease?
We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first long-term tenant so we are figuring all this out as we go.
Most Popular Reply
Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
Why would you do that? Assuming you would have potentially raised the rent in year two, this would not only put you $50/month behind from the beginning, but also $100 behind in the second year.