TIPS
Don’t Fight The Market…You Will Lose!

Don’t let $50 or even $100 stand in the way of making a rent deal. I have seen owners hold out for months for an extra $50 or $100. Don’t fight the market – you will lose. ($50 x 12 = $600) or $100 x 12 = $1200) What are you losing monthly by not renting now – ($1200?) ($1300?) ($1400?) per month if it stays vacant. Better to live with the market conditions and get some cash flowing now. When markets improve than you may be able to get the additional $50 or $100 per month. Recently we had a duplex with both sides vacant 4 months. We kept asking the owner to lower the rent. He reluctantly did, but in small amounts. After the 4th month we asked him to reduce the rent to what we thought might work. He agreed and the phone rang off the hook. We rented both sides to different tenants the same week.


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