Should I Choose A Higher Rent Or A Better Tenant?

It’s usually wiser to prioritize a reliable tenant over higher rent; long-term stability often outweighs short-term financial gain.

Why a Better Tenant Is More Valuable

• On-time payments: Consistent rent helps maintain stable cash flow.
• Property care: Responsible tenants reduce damage and costly repairs.
• Fewer disputes: Respectful tenants minimize legal issues and stress.
• Lower turnover: Quality tenants tend to stay longer, thereby reducing vacancy costs.

Risks of Choosing Higher Rent Alone

• Unreliable tenants: May pay more rent but cause late payments or arrears.
• More wear and tear: Poor upkeep leads to higher maintenance costs.
• Vacancies & turnover: Frequent re-listing erodes profits and creates instability.

The Long-Term Advantage

Stable tenants save time, stress, and money while maintaining your property’s condition and reputation. Over time, this approach yields better returns than pursuing maximum rent from less reliable tenants.

The Fox Marin Team advises landlords to prioritize tenant quality and fit over short-term rent gains, building long-term stability, compliance, and more substantial investment returns.

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