rent reduction (by Gordon [TN]) Jul 16, 2026 10:37 AM
rent reduction (by Richard [MI]) Jul 16, 2026 10:41 AM
rent reduction (by DJ [VA]) Jul 16, 2026 11:53 AM
rent reduction (by JS [CA]) Jul 16, 2026 12:06 PM
rent reduction (by Ray-N-Pa [PA]) Jul 16, 2026 1:20 PM
rent reduction (by NE [PA]) Jul 16, 2026 1:42 PM
rent reduction (by 6x6 [TN]) Jul 16, 2026 8:27 PM
rent reduction (by Oreo [WI]) Jul 17, 2026 2:23 AM
rent reduction (by plenty [MO]) Jul 17, 2026 10:44 AM
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rent reduction (by Gordon [TN]) Posted on: Jul 16, 2026 10:37 AM Message:
State Specific Question About: TENNESSEE (TN)
How long should I wait to lower the rent if I am unable to find a qualified tenant? I've had several inquiries, but most did not qualify. It's been 9 days and the inquiries have virtually stopped. The house is in a prime location with top notch schools. --98.96.xxx.xx |
rent reduction (by Richard [MI]) Posted on: Jul 16, 2026 10:41 AM Message:
Check at hospitals, colleges, schools and govt offices to see if you can post on their boards as well as any local property mgmt companies/real estate offices.
Just posting on craigs list, Zillow and Facebook may not work as well. --174.84.xxx.xx |
rent reduction (by DJ [VA]) Posted on: Jul 16, 2026 11:53 AM Message:
Consider, perhaps, instead of lowering the rent, lower the move-in costs.
Good screening & regular maintenance may mitigate the need for a large deposit.
Or offer a "special" like pay for a U-haul for a day, or....a percentage discount on the second month's rent or......a new Range, etc.
A few hundred now vs losing thousands over the course of their whole tenancy because of reduced rent.
--72.218.xx.xxx |
rent reduction (by JS [CA]) Posted on: Jul 16, 2026 12:06 PM Message:
I’ve seen new buildings here offer free amenities including a free month of rent. They are nice but expensive anyway. You could consider that but I would say that I don’t get many inquiries and most don’t qualify in the first week. I don’t lower the rent. I know it’s already very reasonable. --162.204.xxx.xxx |
rent reduction (by Ray-N-Pa [PA]) Posted on: Jul 16, 2026 1:20 PM Message:
As JS stated, you are priced alright, you just need to incentive the behavior you want.
We will reimburse your credit check fee when you sign a one-year lease - is a much cheaper way to get qualified folks to perform.
The real question, I am hearing you do not say is how do I improve my marketing plan. --98.17.xx.xx |
rent reduction (by NE [PA]) Posted on: Jul 16, 2026 1:42 PM Message:
If I’m confident in my number, I list it at that. If it doesn’t rent, every 3 weeks I drop until rented. This is an eternal debate in this forum. Not sure what will work for you, but what I do has worked for me multiple times. --24.152.xxx.xx |
rent reduction (by 6x6 [TN]) Posted on: Jul 16, 2026 8:27 PM Message:
I like that incentive, Ray. --73.19.xxx.xx |
rent reduction (by Oreo [WI]) Posted on: Jul 17, 2026 2:23 AM Message:
I like that incentive too. --216.131.xx.xx |
rent reduction (by plenty [MO]) Posted on: Jul 17, 2026 10:44 AM Message:
After three months of that same situation. I removed my ads for two weeks. Took new pictures with themes. Ai staged the kitchen living room and bedroom. And raised the rent $50¡ yes raised the rent. Now I'm getting about three inquiries a day. Few applications out there. Fingers crossed. Three showings tomorrow. More praying. It's certainly a strange market. (Was rented gor $925. I lowered as low as $750... no action. Now $975!) Try it
--172.56.xxx.xxx |
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