Posted by Mike IL on September 13, 2004 at 13:31:00:
Michael,
You need to know what your terms are BEFORE you run the ad. You can tailor it slightly according to the tenant to make the deal but you will still want to know what your terms are. Obviuosly, you want to give as little back in rent credit as possible and get as much down as possible. You can usually negotiate these terms accordigly. i.e. you have a tenant that can’t afforrd much down but can afford a higher rent. I would increase the rent and lower the dp requirement if they are good tenants.
Good luck,
Mike