Just had this conversation with a client. Yes, it’s true. Your best rent is not usually your highest rent! I recall a scene from one of my favorite novels. The man was deciding what to offer a contractor. He said:My offer will be his “best offer”. It may not be his “highest offer”, but it will be his “best offer”.
What does this mean when it comes to renting residential properties?
You do NOT want to ask for the highest possible dollar amount for rents.
— Landlord Relief (@LandlordRelief) May 8, 2013
The reasons are: