Investors: Have You Heard Of Rent Auctions?

2018-07-16T22:37:07-04:00July 17th, 2018|Categories: Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Tenants|Tags: , |

  If you own rental properties, you've got to hear about this latest concept: Rent Auctions. Typically, you check comparable rental units in the area, check market reports and do your best job at setting the price of rent in your rental units. Right? Then, you advertise the rental unit for the price that you think is the most accurate rate. Consider this though. One South African start up company began a rental listing and management service. Instead of just declaring the rent, landlords have the option t o allow potential tenants to bid on the opportunity to rent a