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Incentive for tenant buyer


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#1 ErikOk

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Posted 26 March 2013 - 01:32 AM

Just curious if any of you have approached the seller with offering 1 month free rent to help make their property more attractive?

 

I'm thinking that you collect 1 month full rent and option consideration upfront. Then when the next month comes that is where the t/b get the "free" months rent.

 

Maybe this might sweeten the deal & help some t/b's get off the fence?

 

 

 



#2 MichaelC

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Posted 26 March 2013 - 11:21 AM

If you need to offer a free month's rent, are you sure your terms are inline with the local market?

That said, sure, you can always ask the homeowner if he is willing to give a free month's rent.  If he's motivated enough, he just may go for it.






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