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by legitster 667 days ago
If your rental is $2400, and it sits on the market for 2 months, you lost potentially lost $4800. It would take a huge rent increase to justify that.

It's one thing if the software is helping landlords jack up prices to the market rate. It's quite another to convince them to collude against their best interests.

1 comments

It is a different unit every month though as renters are moving out all the time. This isn't about 1 unit that is empty or not. It is about 100+ units where it can be 89,90, or 91 empty - if the other units that are not rented pay enough higher rent because the empty is not on the market you are better off.