 Rents in Multi Building (by wantoretire [NY]) Nov 1, 2016 9:45 AM
 Rents in Multi Building (by NE [PA]) Nov 1, 2016 9:52 AM
Rents in Multi Building (by CathyR [MO]) Nov 1, 2016 10:33 AM
Rents in Multi Building (by S i d [MO]) Nov 1, 2016 10:46 AM
Rents in Multi Building (by Ken [NY]) Nov 1, 2016 1:42 PM
Rents in Multi Building (by Andrew, Canada [ON]) Nov 1, 2016 2:40 PM
Rents in Multi Building (by RathdrumGal [ID]) Nov 1, 2016 3:05 PM
Rents in Multi Building (by plenty [MO]) Nov 1, 2016 3:39 PM
Rents in Multi Building (by wanttoretire [NY]) Nov 1, 2016 6:00 PM
Rents in Multi Building (by Robert,Ontario,Can [ON]) Nov 1, 2016 6:54 PM
Rents in Multi Building (by Amy [MO]) Nov 1, 2016 7:28 PM
Rents in Multi Building (by wantoretire [NY]) Posted on: Nov 1, 2016 9:45 AM
Message:
State Specific Question About: NEW YORK (NY)
I have a question in regards to tenants in my building, it seems they got to talking to some long term tenants, and while they are upset that they are paying more than the long term tenant they want to know the reason.
and I'm wondering how you handle keeping the peace, as either way what I say is probably not going to go over well. While the disparity is off by 60 dollars, I'm trying to give a rational explanation. Short of saying it's none of your biz. I still want to encourage a positive discussion. What do you guys say when there is a difference and how to tactfully explain?
--66.251.xx.xxx |
Rents in Multi Building (by NE [PA]) Posted on: Nov 1, 2016 9:52 AM
Message:
I wouldn't get into much deep discussion with them, because they will think you're in the wrong regardless.
Simply tell them that the other tenants have been there a long time and you were actually thinking of asking $100 or so more for the apartment that they rented.
Then leave it at that, no need for any further explanation or discussion.
Tenants are like mushrooms, feed them #%@& and keep them in the dark. --50.32.xxx.xxx |
Rents in Multi Building (by CathyR [MO]) Posted on: Nov 1, 2016 10:33 AM
Message:
I tell new tenants that their units are updated (newer flooring, appliances, fixtures, etc.) while the units with long-term tenants are not. And I politely but firmly remind them that they chose to rent at that price because they felt it was a good value (or what they needed)...they were not forced to rent from me! I'm with NE(PA)...keep it short. --24.207.xxx.xx |
Rents in Multi Building (by S i d [MO]) Posted on: Nov 1, 2016 10:46 AM
Message:
There are differences in units, even "identical" apartments. Some have two neighbors vs. some have one. Some have a better view out the window. Some are closer to the best parking space. Some have newer paint, appliances, etc. Some have slightly more square footage due to the way the building is laid out.
But the other posters are right. Basically, there is no way to convince someone other than to say, "you and I agreed the rent for this unit was X and both of us believed that was fair."
I wouldn't say much else, although if the person seems to be reasonable I might drop a hint..."Mr. Tenant, I know you don't think this is fair TODAY, but if you stick with me, then one day YOU will be a long-term tenant." --173.19.xx.xxx |
Rents in Multi Building (by Ken [NY]) Posted on: Nov 1, 2016 1:42 PM
Message:
I would consider giving a rent increase to the long term tenant who was stupid enough to open his mouth and bring him in line with the other units --24.25.xxx.xxx |
Rents in Multi Building (by Andrew, Canada [ON]) Posted on: Nov 1, 2016 2:40 PM
Message:
Dont you have rent control in your area? --70.31.xx.xxx |
Rents in Multi Building (by RathdrumGal [ID]) Posted on: Nov 1, 2016 3:05 PM
Message:
My longterm tenants have unimproved apartments. Their lower monthly rent is also a reward for their loyalty. I second the suggestion to have a discussion with the long term tenants who spilled the beans. --70.199.xxx.xxx |
Rents in Multi Building (by plenty [MO]) Posted on: Nov 1, 2016 3:39 PM
Message:
Tell them any new move in s will pay more than they do. Why do people who have coupons pay less for the same item? Senior discount? If they stay long enough they'll have the same story. Perhaps? Good discussion. Let's lunch ocer it. --66.87.xxx.xx |
Rents in Multi Building (by wanttoretire [NY]) Posted on: Nov 1, 2016 6:00 PM
Message:
Yes Ken, I agree to raise the one who opened their mouth as you discussed, but they are both under leases so i can not raise the one who opened their mouth until after the lease expires.
Andrew thankfully we do not have rent control here aside for waiting for the lease to expire. either way getting the new tenant to understand, is going to be difficult --69.204.xx.xxx |
Rents in Multi Building (by Robert,Ontario,Can [ON]) Posted on: Nov 1, 2016 6:54 PM
Message:
When the lease or written tenancy agreement expires then increase the rent on the lower rental apartments where over time all the rents will be same. --66.199.xx.xx |
Rents in Multi Building (by Amy [MO]) Posted on: Nov 1, 2016 7:28 PM
Message:
Last time a tenant talked about their rent, I raised the tenants rent so they were even. Tired of that stuff- what is the point? To make sure you got a better deal? If you have a sweet deal keep it to yourself.
In dealing w the higher paying tenant, you could say that your rent increases are lower than the market rent increases for great tenants. Hopefully the other tenant is a good one. --107.77.xx.xxx |
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