Author negotiated a $100/month rent decrease for a 2-year lease in a Santa Barbara beach town with tight market.
Negotiated lower rent in a tight market: In a small beach town outside Santa Barbara, CA with only 7 properties available under $4,000, the author successfully negotiated a $100 monthly rent decrease for a 2-year lease. Conventional wisdom suggests negotiating lower rent in a market with vacancies or above-market rates, but the author tried it anyway and saved $1,200 this year.
May 25, 2024
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