4 ms·
There is overhead cost to having tenants as well that may not make the drop in rent worth it. As someone mentioned, if you drop rent by a significant amount, ba
by mym1990 6y ago
There is overhead cost to having tenants as well that may not make the drop in rent worth it. As someone mentioned, if you drop rent by a significant amount, banks have to adjust you potential profitability, and that's a big downside. Its also harder to get rent prices back to where they were once you drop them.