short term rent in dollar or pesos?

[earlyretirement]

Definitely I'd negotiate with the owner and let him know that although you understand with inflation all the bills are more expensive. But also explain the better exchange rates now to help make up for that.

Personally I'm charging the same prices on my rentals that I charged since 2003. I never raised them and never lowered them and they stay rented. Some owners try to get greedy and keep raising every year. It will work for a while but supply and demand will always come into play.

I'd rather keep a rental property occupied with a good client then raise every year and have it empty. Many landlords don't understand that principle. A rental day is much like life...once it goes by you can never get it back (or make money on it). So better to keep it full.

Just make that point to the owner. Especially if you are a good long term client I'm sure you can negotiate to at least keep the rental price the same. If not, wish him good luck and look for another property if you think you can do better. Just make sure it's an apples to apples comparison. There are a lot of junk apartments out there.

 

[Argento]

As an aside, it can be sort of tough if you already are in a decent place, know you can most likely get something a fair bit better for the same cost of even lower, but don't want to risk giving up what you currently know works fine enough only to find new hidden unpleasant surprises in the new place. Such is life I suppose.
Maybe rent a new place for 2 weeks, keep the old one and then see. But then you have to come up with a new deposit without having the one from your current place reimbursed. ?
Just an aside thought.

 

[Ceviche]

As an aside, it can be sort of tough if you already are in a decent place, know you can most likely get something a fair bit better for the same cost of even lower, but don't want to risk giving up what you currently know works fine enough only to find new hidden unpleasant surprises in the new place.
Just an aside thought.

I totally concur. I have given my "yes" to landlord. He is a great guy and the apartment suits me 100% since last 4-5 years. Not in mood of a shock by renting from strangers.

I paid 1500 us$ in march 2011.

Now I will be paying 1650 us$ in August 2012.

Such is life.

Maybe paying more, but peace of mind is there!

 

[earlyretirement]

I totally concur. I have given my "yes" to landlord. He is a great guy and the apartment suits me 100% since last 4-5 years. Not in mood of a shock by renting from strangers.

I paid 1500 us$ in march 2011.

Now I will be paying 1650 us$ in August 2012.

Such is life.

Maybe paying more, but peace of mind is there!

I think that was wise Ceviche. It works out for both of you that way. There are a LOT of shady landlords in Buenos Aires. But even when they are ethical, there is peace of mind in knowing that you know a flat and building are dependable and everything works. Even when you have ethical owners, you have the hassles of worrying about the hot water not working, or the internet always going out, or the building having problems with electricity or gas.

I rented one of my flats to a long term tenant before and then he wanted me to lower the price for the next period. I couldn't but said I could leave it the same. He went to go take a much cheaper apartment but then after a few weeks he was begging to come back as pretty much nothing worked in the new cheaper place. Unfortunately I already had several rentals so I couldn't take him back.

There is REAL peace of mind in Buenos Aires in living in a place where you are comfortable in and everything works.