Nick Martell
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Appearances Over Time
Podcast Appearances
Because losing one month or two or three months of vacancy before they can find a new tenant, that is the most costly thing that a landlord really doesn't want to do.
So the first step to you saving money or making money in any negotiation is simply saving.
asking.
Do your research, figure out what the prices are in units that are comparable around you, look if new buildings have openings, and then approach your landlord.
Like, Jack, you had success asking that car salesman one more question when you were trading in that old car, right?
The old Audi?
I got a $4,000 higher offer on my trade-in by asking one question.
And you kind of did the same thing with your wireless bill the other day.
I called Verizon and I asked them for a new iPhone.
Otherwise, I'd switch to AT&T.
They gave me two new iPhones.
Jack, there's not a single hotel I check into where my first question isn't, is there a room upgrade available?
Nick and I are strong with the force of renegotiations and negotiations, but it doesn't happen unless you ask.
We don't use a lightsaber.
We just ask one more question.
The real estate data in this country is screaming that you should ask that question right now.
So send the text, do the DM, a nice mature email to your landlord.
Keep it copacetic, be respectful, but don't undercut yourself.
You've got some leverage right now.
Now is the time to lower your rent, but only if you ask.