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Free Month Rent

Started by NYDavid
over 15 years ago
Posts: 10
Member since: Jul 2010
Discussion about
What buildings are still offering free month(s) rent??
Response by rmrmets
over 15 years ago
Posts: 93
Member since: Oct 2008

That train pulled out of the station 9 months ago.

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Response by julia
over 15 years ago
Posts: 2841
Member since: Feb 2007

it doesn't look good...

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Response by kstiles99
over 15 years ago
Posts: 171
Member since: Oct 2009

do you think we'll see them come back in the winter?

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Response by AnneC
over 15 years ago
Posts: 36
Member since: Aug 2008

here too a few hundred either way shouldn't make you run out on to the street and spend the next 3 months finding a place dealing with the aggravation, fees, applications, new neighbors, super, noise at night, new address, new commute, packing, finding movers, moving, taking time off from work, new repair requests, and the like.

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Response by anonymous
over 15 years ago

rmrmets, I'd say 4-5 months ago, not 9 months ago.

NYDavid, as you can see from another discussion, probably best to negotiate your actual monthly rent down than to count on lower net effective rents by free months.

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Response by evnyc
over 15 years ago
Posts: 1844
Member since: Aug 2008

Those incentives dried up this spring.

Many landlords refuse to negotiate the actual rent, for exactly the reason splaken cites: upon renewal, the rent rises from the higher amount. Smaller outfits are more likely to negotiate actual rent but you often can't avoid the broker fee. There's no easy solution, so you have to keep trying different things until you find an acceptable deal.

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Response by MAV
over 15 years ago
Posts: 502
Member since: Sep 2007

the ones that are for sale and are trying to inflate their rent rolls!

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