Has anyone tried to negotiate rents at the time of lease renewal? What arguments did you make and did they make any difference? How much reduction did you see in rent?
The current rent increase they are asking for is $250+ / month.
Location : san jose.
2016- Increased by $320. Negotiated and Net increment was $225.
2017- Increased rent by $350. Negotiated hard and net increment was only $10.
2018 - Increased by $350. Negotiated and net increment was $150.
You should negotiate increment. It’s your money. Even if you are able to bring down by $100. It is like $1200/year. This can be your 1 month loan payment of Pre owned certified Lamborghini.