#My landlord tried to raise my rent by $855 a month — how to beat the lease rip-off
Table of Contents
“My landlord tried to raise my rent by $855 a month — how to beat the lease rip-off”
A TikTok money-saving expert has shared her tips on how to negotiate your rent price – after her landlord tried to increase her monthly bill by $855.
Kara, the face behind @webravelygo on the social media platform, shared with her 13.3k followers her best-negotiating tips when it comes to lowering your rent.
The founder of a financial education company, Bravely Go responded to a comment made in a previous video, asking for negotiating advice as their “lease is also about to go up”.
Kara began the video by saying: “First, landlords fundamentally want to get paid and you can use that to your advantage.
“Try something like this: ‘in exchange for a $100 a month rent decrease, I can pay the first three months of rent upfront in cash.’”
Kara then advised new tenants to try and use their good credit scores as leverage to negotiate the price.
She said: “Getting new tenants is kind of a pain in the a– because they have to run background checks, they have to do credit checks, all that sort of work.
“Landlords don’t really want to do that.
“So if you have a history of making payments on time, if you have good credit, you can use that to your advantage in a negotiation.
“Try saying something like this: ‘I have a 750 credit score and I’ve never missed a single rental payment in the last two years I’ve been here.
“‘Is there any room to negotiate on this rent?’”
Kara finished the video by saying: “Unfortunately housing is crazy expensive across the whole country right now but it’s always, always worth trying to negotiate.”
The video racked in over 4,700 views and spurred various opinions in the comment section.
One viewer said: “So you got 3 months rent lying around? That’s going be a no. Market like Houston, NEXT!”
While another one said: “Everybody going to move to the hood”.
A third user said: “insurance is expensive, repairs are expensive, taxes are expensive…. landlords get jacked too. Why should we eat the cost? It’s our investment.”
“In a normal market, your tips make sense… but not now. I need my increase, pay it or move,” said a fourth.
This story originally appeared on The Sun and has been reproduced here with permission.
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
For forums sites go to Forum.BuradaBiliyorum.Com
If you want to read more News articles, you can visit our News category.
