When it comes to negotiating the lease, the renters and landlords are often seen playing tug-of-war. No matter how offensive you become or how many threats you give of not suggesting anyone about the property, these things can backfire. But sometimes renters can bend their stringent terms if the game of renting goes in their favor.
While many landlords negotiate on how good the tenant has been, some lower their rent to get at least something from their property. However, no matter what your landlord thinks, there are certainly more ways like writing a letter to reduce the home rent that you can use to reduce your monthly rent.
However, before getting into any negotiation decisions, juggle the Internet and do some necessary research about what other landlords are offering. Know what other people in your respective area rent for the same property. Be specific about numbers; there’s a lot of information available on free sites that you can use as negotiation weapon.
Landlords often want tenants who can prepay their rent; this will give them surety that the tenant is not going anywhere in the next few months. Using this tactic you can ask for reducing lease or can ask them to cut the price of the property. Also, don’t sign the lease that offers more than one-year term period. The one year lease will be enough to build a stable relationship between you and the landlord.
Some landlords happily slash prices if the tenant is willing to help them in their work. You can be an apartment manager or can offer extra help like refurbishing old cabinets, wall painting, cleaning the shoveling snow and much more. With this, you and your landlord both can save money easily which can benefit you in cutting the cost of the property. Furthermore, if you are well aware of all tools, you can work as an apartment manager and help landlord in collecting rent or many other things.
You can also go for old houses if your landlord is not willing to slash the prices. Old properties, if appropriately maintained can become as good looking in less money. However, if you still have any doubts, you can browse through HealthIQ.com and participate in the myriad of quizzes related to financing and budgeting.