--32.215.xxx.xx

We've kept the rent to cover the recent increases in taxes and insurance. With everyone working the property tax man has increased the value of our property and of course since the value has been increased the insurance man claims with that increased value insurance coverage is increased. --99.103.xxx.xxx

Nothing ventured, nothing gained. Have seen this with the millenial age group. Some feel everything is negotiable. I don't give in to this, as it can set a precedent for other issues down the road. --71.28.xxx.xxx

--73.16.xxx.x

I had a couple a long time ago say they could get a place the same as mine for less money. I told them, “you'd better run fast then before someone else grabs it”. They left and when I locked the door and got to the end of the driveway they asked if they could submit an application. They were there for two years.
--47.188.xx.xx

I would not drop the rent. I give them credit for asking and being aware of their budget, but it sounds like they like yours but not enough to validate the price down the road if that is even true. --24.61.xxx.xx

Best of luck with your rooms. --107.142.xxx.xx

Upfront there is cost to separate all the utilities out of the rent where over the long term it pays off. When tenants own the utility they use considerably less then included in the rent. When they leave all the lights are turned off or lights turned off when not in the room. Electricity is the most abused utility. High efficiency split heat pumps can be used for heating and cooling. If natural gas is available then it is possible to install a high efficiency wall mounted gas boiler then connect up to existing radiators. If utilities suddenly increase then there less to worry about as the tenant pays directly. With utilities out of the rent then rent can be reduced now and in the future. --147.194.xxx.xx

If they shared one big room they have more money! --99.203.xx.xxx

Who knows, maybe they’ll be back but possibly if they are asking for a reduction in rent they might want other things in the future. --32.215.xxx.xx

Jo, great response about would you accept a reduction in your pay. --24.233.xxx.xx

Must be part of the B.Sanders crowd. --50.107.xxx.xx

I've always had terrible luck with people asking for rent reductions.... they make awful tenants... --216.130.xx.xxx

When asked if the rent is firm, I usually reply, I thought my price was very fair but if you think I should be charging more I can work with you. This usually stops them cold. --99.23.xxx.x

I just smile and say "it's a fair price. I'll reduce it if it's still empty in a couple of months". It never is. --69.80.xx.xx

I lowered a rent for an incoming tenant just this month. Got to get this one because the alternative is very bad. A lot of the rent cost is fixing damage they do while they are living there and I don't think there will be much of that if any. Two classy people. --173.61.xxx.xx

ALLYm why is a lot of rent cost fixing damamges? Don't you go after these destroyers of property? NJ is a good collection state. --99.103.xxx.xxx

"Not at this time" is a neutral answer. Not rude but not wimpy either. I like gevans' answer too. --173.20.xxx.xxx

I always try to get the best deal on things like houses, cars, appliances at the box store, even already clearance items. Especially if I am buying multiple, or they have sat there a while without being sold. So I never take it personal if someone gives me an offer on something. I just say no if I am not interested, or maybe offer back if I am. --108.4.xxx.xx

Had a recent prospect ask this question. My answer: As you can see, I prefer to spend money updating my units instead of giving rent discounts. They were not really prospects that I was interested in (though my answer would have been the same either way) since it was a husband, wife and 6 year old looking at my one bedroom apartment in a multi-unit building. --100.6.xxx.xxx

With my son's rentals, they answer was "sure. The owner is willing to knock $25 off the rent for tenants with high credit scores, more than the required income qualification, and excellent landlord references". And that was always the end of that. --98.146.xxx.xxx

I don't mind them asking for a reduction, and most of the time, they won't get it. What turns me off are those individuals who will dictate the rent amount they feel is fair. "I'm not authorized to adjust the rent amount. I have to run this by with the owner." If I had rented to them, I know that this would just be the beginning of their endless string of "dictating" demands. --174.221.xxx.xx

They were trying to dictate what they thought was a "fair" rent amount, anywhere from $50-&75 less per room...next! --32.215.xxx.xx

When I hear the reduce word I start the lawn mower to reduce the height of the grass.... --76.188.xxx.xx

But I know my bottom line and NEVER go below that. It actually is hard to move me from the advertised price because all of our properties are nice and I have told them flat out when they tell me they can get something for less to go ahead. A lot of people tell me I am high. I am but the properties are good property's. I will let something sit a month or even two before lowering it below what the bottom line is. --72.49.xxx.xx