General Landlording & Rental Properties

User Stats

90
Posts
34
Votes
Bryan Cavellier
  • Rental Property Investor
  • Syracuse, NY
34
Votes |
90
Posts

Testing Out a Higher Rent

Bryan Cavellier
  • Rental Property Investor
  • Syracuse, NY
Posted Aug 29 2019, 08:41

Do you think it is worth "testing the waters" on rent (making it little higher) and if no one applies then lower the rent after a couple of weeks on the market.

Ie. Rent is a comfortable $850, but I see value in a unit that lends it to be $900-950.

Should I see if anyone is interested at 950?

Looking for pros and cons, Thanks for the thoughts!

Loading replies...