Offer To Fix Your Rental

It makes a certain sense to get a bargain apartment/house that needs fixing up and then fix it by painting, etc. You get a deal on the rent and the landlord will probably be delighted, as the slim profit margin won't allow for much renovation. Our old landlady gave us a month or more free rent for the makeover we did on my long-time place!

By Pamphyila from Los Angeles. CA

Ad

Comments

Flag
August 29, 20070 found this helpful

As a landlord this is not an idea that appeals to me. As you say the profit margin is slim but that is on a month to month basis. Most people that get into rental property do it for the long term investment and that means maintaining they property the best way possible: quality. I always do repairs, painting and such myself or have professionals do it. It's fine to have renters do it but if they drip paint on the carpet or baseboards trust me the security deposit is not going to cover fixing either of those things let alone both. I have had great renters and a good experience with being a landlord but it really annoys me when renters ask for discounts on rent for doing work. Having said all that, I suppose it varies from person to person so it can't hurt to ask but just another point of view.

Ad
ReplyWas this helpful?Helpful? Yes

Add your voice! Click below to comment. ThriftyFun is powered by your wisdom!

Related
Categories
Better Living Frugal Living TipsAugust 28, 2007
Guides
Saving Money on Car Rentals, Neon Car Rental Sign
Saving Money on Car Rentals
Mold in a Rental House
Legal Responsibility for Mold in a Rental House
Condos
Converting a Rental into a Condo
Saving Money on Vacation Rentals
Saving Money on Vacation Rentals
More
🎉
New Years Ideas!
🎄
Christmas Ideas!
Facebook
Pinterest
YouTube
Contests!
Newsletters
Ask a Question
Share a Post
Categories
You are viewing the desktop version of this page: View Mobile Site
© 1997-2016 by Cumuli, Inc. All Rights Reserved. Published by . Page generated on December 8, 2016 at 11:20:21 PM on 10.0.1.111 in 1 seconds. Use of this web site constitutes acceptance of ThriftyFun's Disclaimer and Privacy Policy. If you have any problems or suggestions feel free to Contact Us.
Loading Something Awesome!