What’s More Important to Renters – Cheap Rent or a Nice Home?
We’d like some feedback from any readers on the dilemma of what’s more important to the majority of people looking to rent a home – cheap rent or a nice home.
We consistently have prospects looking at the rentals we have, telling us that they’re the nicest they’ve seen so far, but few of these people bother to even take an application. They all tell us they have more homes to look at and will get back with us. Which, they of course, never do.
We typically don’t have an issue renting out properties, but we are curious as to what people expect.
Everyone wants the best rental home at the cheapest rent, but there’s usually a trade-off. The cheapest homes are either in less desirable locations, less desirable condition or less desirable amenities. Of course, there’s always one or two property owners renting out below the market, but those homes go very quickly.
There’s also a trade-off most people looking to rent don’t think of. A home that’s cheap, but in less than desirable condition probably also has a property owner that will be less than desirable about making repairs and responding to other tenant issues.
If you have a moment, please take the time to share your thoughts with us on our “dilemma”. We’d greatly appreciate it!