Paying Six Months Rent Upfront

Chris at Hauseit® (https://www.hauseit.com) explains whether paying six months' rent upfront is a good idea, and why it just may make a deal work between a tenant and a landlord.

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Paying rent upfront, especially a large amount like 6 month's rent upfront, can be enticing for landlords and can make a deal work if the tenant has an unstable source of income, low assets or any other red flags.

For the tenant, paying six months rent upfront might enable the tenant to negotiate a lower rent price. The landlord might be wiling to reduce the rent to get more of the rent paid upfront due to the time value of money, and the reduced risk of non-payment.

We explore this mystery and explain further in the following video.
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Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: [email protected]
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