Home Buying in Jacksonville>Question Details

mrwoods_000, Home Buyer in 28540

What is the best way to go about negotiating a cheaper rent price.?

Asked by mrwoods_000, 28540 Thu Jan 31, 2013

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This question was asked from this property: http://www.trulia.com/property/3008218028-106-Carters-Grove-…

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8
In this market, you just remember that it doesn't cost anything to ask
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1 vote Thank Flag Link Tue Mar 5, 2013
All you have to do is ask or have your agent ask on your behalf. I have rented several properties in the Jacksonville, NC area and 9 times out of 10 you can get the rent reduced and in some cases you can get a discounted rate for your first month's rate as well. :-)
0 votes Thank Flag Link Tue Mar 12, 2013
It doesn't hurt to ask. The worst that they can say is No.
0 votes Thank Flag Link Mon Mar 11, 2013
There has to be a reason for the discount:

1) Excellent credit, stable employment of the prospective tenant
Many landlords have a weakness for the medical profession...
2) Some tenants pay for several months (6 to 12) upfront to get a discount
3) Property is being repaired (dirt, noise) - so you ask for compensation
4) Property is overpriced - so you negotiate with comps of similar properties
5) Tenant is handy and promises to fix things around the house himself,
without calling the landlord in to fix something
6) Tenant remodels the property (partially or completely) - getting a huge discount
7) Often option to buy gets you a good discount

However, don't invest into someone else's property, even if it is not so pretty.
You can buy yourself a great property nowadays through many different programs -
FHA (3.5% down), Homepath (with 3% down to start)...and many counties have grants to 1st time home buyers (if you are a 1st time home buyer - check that out).

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
305-904-2355
0 votes Thank Flag Link Tue Mar 5, 2013
The longer a home sits empty the easier the negotiations. The mortgage payments that are due do not stop. Call or text me 910-358-2498 or stop by the office C21 American Properties on Lejeune Blvd. and I will gladly help you find the best ones to try and negotiate.
0 votes Thank Flag Link Fri Feb 1, 2013
With the number of rentals on the market, you should be able to get price reductions on most rentals especially those that have been on the market for 45 days or more.

Check out link below of rentals between 850-1000 with a maximum of 100 days on the market - those over 45 days and less than 100 days would be your best place to look. Rentals usually go on the market 30 days prior to present tenant moving out and once house has been empty for a couple of weeks, landlord is more willing to negotiate. Once they are over 100 days, there is usually a reason: condition, location, age of home, etc.

http://idx.homesearchjacksonvillenc.com/idx/5522/results.php…

We also have short-term rentals available for those who are thinking about buying in the next 3-6 months. Walter Whitehurst - ERA Strother & Wilkinson Real Estate - (910) 340-5524
0 votes Thank Flag Link Thu Jan 31, 2013
Have a good reat estate agent that can help you compare the home you want and
show the landlord they are to high base on others on the market. I am certified in bank
foreclosures so if you want to buy a home for about $200 less a month than renting I can
email you bank foreclosures for sale and you can put less money down to buy than to rent.
I can also email you rentals. Good Luck, Denise Phillips, Century 21 American Prop.
chaun128 at yahoo.com, Jacksonville, NC
0 votes Thank Flag Link Thu Jan 31, 2013
make an offer and see what the landlord says
0 votes Thank Flag Link Thu Jan 31, 2013
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