• Prove you are the perfect tenant – SHOW and TELL that you are reliable and take care of the property. You KNOW what to do and do it well.
  • Know local rental laws – laws protect everyone – know what you are entitled to. Act with confidence.
  • ASK for a lower rate when negotiating lease – Start by asking and explore the things that are important to the landlord, then look at ways you can both win. Examples are to take out the trash, mow lawns, remove snow, clean the yard.
  • Ask what the landlord values: early payments, on-time payments, low complaints, can you do any jobs in exchange.
  • Compare to similar properties, check vacancy rates – landlords reduce rent to keep good tenants especially when lots of rental properties are available.
  • Pay rent online – reduce the landlords job by making easy payment methods for you and for your landlord
  • Negotiate when renewing your lease – negotiate for 2 years and get certainty in your life, this often keeps your next years rent low and shows that you are committed
  • Negotiate during times of the year when vacancies are low
  • Extend your existing lease – get longer lease – negotiate rent for 2 years when signing up
  • Pay more up front – a bigger deposit or a large payment upfront gives confidence that you are reliable. Landlords will often reduce total yearly rent if you pay a few months in advance or pay a larger amount. Consider using your tax refund to pay your rent in advance.
  • Try to get other perks – landlords often have access to discounts or can let you use items that cost them a little but these could be of value to you. Discounts to local suppliers are sometimes easy to achieve.

 

BE CREATIVE and work with your landlord.