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Any tenant comes with risk. Risk has a financial cost. Ergo, lower rent is not always worth more than no rent, even all else excluded. Example: you rent your
by ethbr0 5y ago
Any tenant comes with risk. Risk has a financial cost.
Ergo, lower rent is not always worth more than no rent, even all else excluded.
Example: you rent your property to a tenant for $100 / month, who does $5,000 worth of damage to the property, and declares bankruptcy when you sue them for recovery, in addition to the time you spent installing them + evicting them + dealing with recovery.
- dionidium 5y agoSure, there is some number at which this becomes true. But we’re talking about landlords who have supposedly kept properties off the market for years at a time in order to rake in the tax benefits. Keeping properties off the market for years at a time in order to mitigate the risk of actually having tenants is not a very good plan.