Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on .

User Stats

4
Posts
1
Votes
Kyle Brookshire
1
Votes |
4
Posts

Discount for Pre-Payment of Rent

Kyle Brookshire
Posted

Curious about any rule of thumb for a discount to be applied for pre-payment of rent for 6 or 12 months in advance?

I have an offer to negotiate a rent discount for one unit in a duplex for pre-payment if either 6mos or 12mos.  The unit has been on the market about a month with medium level interest, mostly phone calls generated from the sign posted in the front yard.  I’ve already reduced the figure I’m asking by $100/mo due to lack of positive responses/requests for showings.  

This offer today has me very interested in order to get tenants in cash flowing.  But at what discount is it advisable?  1 month free, 2 months? 

Asking rent is $1700/mo currently

  • Kyle Brookshire