How to Negotiate Your Rent (Which Is Probably Going Up) - Deepstash

Bite-sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

created 3 ideas

NYTIMES

How to Negotiate Your Rent (Which Is Probably Going Up)

How to Negotiate Your Rent (Which Is Probably Going Up)

nytimes.com

STASHED IN:

390 reads

Rents Going Up

Rents are going up, but brokers insist that negotiations are still possible, even in a competitive market.

Call your landlord at least three months before the lease expires and ask whether the rent will be going up. This will give you time to negotiate and consider your options.

...

Playing To Your Strengths

Vacancies cost landlords money — they lose rent while they clean, paint, repair and show the apartment. And they may have to pay the broker’s fee, too. A new tenant might be noisy or not pay on time. Point out these risks, and ask for a compromise.

Perhaps you could shave $100 a month off t...

Do Your Homework

Do your research on rentals in the building, on the block and in the neighborhood to make sure the renewal price your landlord is offering is fair and in line with the current market. Leverage that data in conversations with your landlord.

Moving is not cheap. Calculate how much it will cos...

1 Reaction

Comment

MORE LIKE THIS

created 5 ideas

Renting is a great option for those living with roommates or young families. However, it is important to be well-informed before signing the lease.

1

Comment

90 reads

It's time to

READ

LIKE

A PRO!

Jump-start your

reading habits

, gather your

knowledge

,

remember what you read

and stay ahead of the crowd!

Takes just 5 minutes a day.


TRY THE DEEPSTASH APP

+2M Installs

4.7 App Score