The Real Deal Miami

Landlords should spruce up properties to draw tenants

July 28, 2009 03:51PM


Landlords are being forced to negotiate and renovate as rents drop and vacancies increase, Rent.com’s Peggy Abkemier told Fox News. Abkemier said renting, rather than owning, can be a smart move in this economic climate, and renters can make a case with their landlords for concessions because it’s a renter’s market. Landlords can renovate and spruce up their rental properties to make sure they are attractive to prospective renters, Abkemier said.