Not law quite law related but I could use some input: anyone have any luck negotiating lease pricing with a corporate landlord? I originally signed and got covid pricing and now they want to hit me with a 17% increase bc of inflation 🙃

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The only term i’ve really ever had luck negotiating with is the length of the lease. Longer lease = lower rent. Then try to end your lease at a time when apt hunting would be advantageous to you (off peak)

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I would treat it they way you treat negotiation with counter parties. Send a professional email saying you’d love to stay but that the increase they proposed isn’t consistent with the market. Then, suggest a compromise increase you’d be comfortable with. Be prepared to walk away if they don’t budge. Results may vary but it never hurts to try.

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Lol if they actually said it was inflation. That’s way over inflation rates.

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What state? In CA, the max is 10% increase per year

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Didn’t realize inflation jumped to 17% lol

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tell them you’ll sign in 2 weeks (stc) if they offer you the amount you want to pay

other things you can offer aside from speed
- longer lease term
- [better] rent deposit

they want an income stream

Samw thing happened to me except it was a 25% increase. Crazy thing is the apartments were flying like hotcakes at these new rates. I tried to negotiate a 10-15% increase but they told me to fly a kite. I renewed at the higher rate and getting wrecked on the first of every month. Wish you better luck.

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