How to Negotiate and Lower Your Rent | Your Rich BFF

[@Emilyghe]

I tried this method years ago and it worked before but now this year cuz of the market. 1) ppl shift from buying to renting 2) the nearby apts are more expensive.

[@GorgieClarissa]

Yeah sorry.... did not work. Landlord increased my rent 15% wouldnt budge. Landlord is trying to price tenants out of apartment..... so he can rent them out as airbnbs

[@chckycrk]

Renting out as Airbnb??? What a terrible awful alternative. No way they’ll make the same money.

[@mfar3016]

I’m in NY. The broker fee is usually one months rent. Even as a landlord, I find that fee ridiculous and have tried advertising my rental unit directly to prospective tenants to avoid putting that burden on them, but usually busy professionals (my target market) aren’t opposed to paying for that convenience.

[@MyAdmin6201]

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[@AwesomeSauceRadio]

Thank you. Looking into subsidized stuff for people with disabilities. Thank you so much.

[@MyAdmin6201]

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[@wendyhamm9722]

What about HOAs and condominium fees? What can be done to negotiate them? We are on disability and I have a feeling that they will rise this year?

[@MyAdmin6201]

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[@angelasanchez4763]

​@@MyAdmin6201what does "My digits" mean?

[@petterguevara6278]

My friend you made a video literally of my life about to be homeless and how to get help from that group of people , I’m looking into it I lost my job , and still paying 3 thousand in Miami monthly is very hard to pay that shit without a job

[@GorgieClarissa]

i'm having to move out of state... there is no affordable rent in NC.

[@jeniferjohnson374]

There should be caps on how much landlords can charge according to their expenses/location/age of buildings, etc.

[@moonhunter9993]

in Germany there are.

[@GorgieClarissa]

correct. in usa... if a landlord cannot legally evict you... they can raise the rent... to let's say 5000$ when you were paying 600$. they can legally do that to get you to leave.

[@jeniferjohnson374]

@@moonhunter9993 yes I've heard!

[@institches2750]

That probably won't help. The reason rent is high right now is because of the reasons Vivian listed. There's a shortage. Right now, supply and demand controls the pricing. We don't like that prices are high, but it reflects the reality of the shortage. If there is an artificial cap, that won't relieve the shortage. But it WILL cut into profits for landlords. That will lead some to delay maintenance to make up the difference. Others may be stricter on late payments and quicker to evict a mostly good tenant because they don't have the margin to eat a loss for the sake of being compassionate. Some mom and pop landlords may sell to big companies, which are known to do both of the former. And finally, it may drive some landlords to get out of the business, which could further reduce supply as they do something else with the property. Even if they sell to a would-be homeowner to live in, the supply of RENTALS has still decreased. Plus, if there is good money to be made in rentals, that encourages building new stuff, which will increase the supply and benefit everyone.

[@mfar3016]

@@moonhunter9993 sounds like socialism

[@ColumbiaQT2001]

These landlords are out here to make money. This is nice advice but more than likely won’t work. Specifically, because landlords don’t care about you.

[@MyAdmin6201]

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[@user-a77kumar64]

Hey Vivian, can you please give me advise on government contracting as a small business? Thanks!

[@MyAdmin6201]

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[@nikishabibbins1186]

Can you negotiate lower rent if there are amenities advertised but are not available? Where I live advertises having a pool, but it has never been functional since I have been here and that was before this past pandemic. Of course rent has gone up since then and still no pool. Open to suggestions. Thanks.

[@feleciah7872]

I think that would be a great thing to bring up in the type of letter Vivian is describing

[@veronicagraves5621]

I have rented outside of NY...in Nashville, TN. Thank you. ❤ vlog 🙂. VG

[@jailene8086]

I fell for it ! 😂

[@ojyochan]

Same😅

[@Magique88888]

I wish I knew about housing assistance before. My thought was that since I went to college and had I a job I would not qualify. I’m considering a studio next apartment.

[@MyAdmin6201]

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[@ariyadavadasz4719]

I love your videos, but when I try to negotiate (ie raises, rent, etc) and I follow all these tips and tricks, they don't work.

[@MyAdmin6201]

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[@churro6160]

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[@prit04]

Inventory is artificially low