{"id":16605,"date":"2021-11-06T13:36:00","date_gmt":"2021-11-06T13:36:00","guid":{"rendered":"https:\/\/www.morgantaylorhomes.com\/?p=16605"},"modified":"2021-11-19T14:01:10","modified_gmt":"2021-11-19T14:01:10","slug":"how-to-lower-rent","status":"publish","type":"post","link":"https:\/\/www.morgantaylorhomes.com\/how-to-lower-rent\/","title":{"rendered":"How to Lower Rent"},"content":{"rendered":"\n

Trendy townhomes and downtown loft apartments are at the heart of every major city. However, they almost always come at a high cost. The four walls of your luxurious living space are likely cramping your spouse and kids. Not to mention the toll it is taking on your finances to do the things you all love. Although you have a window view of the bustling city and cute tourist shops, you cannot retain this lifestyle without lower rent.<\/p>\n\n\n\n

We have some smart and creative tips you can take to decrease your rent and stop those late-night money fights with your spouse. Your family life matters, and we want to help you give your kids exactly what they need for a joyful life. They don\u2019t need to see you and your partner wound up with anxiety over having enough to afford the next month\u2019s payment.<\/p>\n\n\n\n

Landlord Negotiation Tricks<\/strong><\/h2>\n\n\n\n

One of the best and most straightforward ways you can lower your rent is by speaking with your landlord. They made you sign the terms of your lease in the first place and have the power to change it. We recommend one or all these negotiation hacks so your family can stay in the trendy downtown scene and avoid financial worry.<\/p>\n\n\n\n

Sign a Lease for Longer<\/em><\/h3>\n\n\n\n

Although the idea seems backward, signing a lease for longer is the easiest way you can lower your rent. Landlords have trouble finding long-term residents in their properties, so they benefit when they can count on your residence. You can always take them out to coffee and ask for lower rent in exchange for a longer lease agreement, gaining their trust.<\/p>\n\n\n\n

Otherwise, your rent will stay the same until the lease term\u2019s end, and your landlord can raise the price if they choose. You can secure a lower rent amount through negotiation and guarantee that amount for a certain amount of time. This tactic will help you and your spouse decide whether staying in the townhome or apartment is the best decision.<\/p>\n\n\n\n

Prepay Your Rent<\/em><\/h3>\n\n\n\n

You can also decrease your monthly rent by prepaying several months in advance, which is another way to gain their trust. You are showing your landlord you trust them when you present an envelope of several thousand in cash before it\u2019s due. It is also a smart idea to pay your rent on time without fail so they can depend on you for future payments and consider other negotiation tactics.<\/p>\n\n\n\n

This trick is a fantastic first impression or way to bridge a broken relationship between you and them. Your family can have more financial breathing room if you lower your rent via prepay but also your landlord will want to help you out.<\/p>\n\n\n\n

Negotiate on Other Costs<\/em><\/h3>\n\n\n\n

Although your landlord may not budge on your rent, you could convince them to decrease other living costs. If these are payments you must make for your townhome or apartment, it is the same as though your landlord decreased your rent. Some non-rent living costs you could negotiate are monthly expenses while others are one-time bills.<\/p>\n\n\n\n