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The Importance of Market Rent

  When should you lower your rent and get the property rented and when should you hold out and get the better rent. To answer this question, I have put together a simple example that is loosely based on a unit that we currently manage.  The owner came to us wanting his unit rented immediately as he hasn’t been able to rent his unit on his own and the bills were growing.  He wanted $2500 per month to cover his […]