market rent

What is a Rental Concession_

What Is a Rental Concession?

May 22, 2019 / Owners

Is your investment property sitting vacant for too long? Many owners think the only option is to reduce the rent, but that is not always the case. What does TMG do in lieu of reducing the monthly rent? First, consider what the current rent is set at. What does the market say? If the rent …

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How Is Market Rent Determined

How Is Market Rent Determined?

May 22, 2019 / Owners

There is no perfect formula to determine market rent, but there are many tools TMG uses to make sure the rental prices we set are in line with the current market. Our goal is to make sure we’re maximizing your investment property by getting the highest rent we can secure, while minimizing vacancy loss. Remember, …

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