Got a couple of IPs in a Perth suburb and given the current Perth market the tenants could move into a similar rental in the area (over 50 in the suburb to chose from) and save up to $50pw. Was thinking of offering to reduce the rent by say $20pw for each, as they are good tenants and I can't be bothered finding new ones. Given the current market it could take quite a while to find new tenants and it would likely be at a lower rent than what I am proposing. The extra $2k per year would always be handy but we don't need it. Not looking to apply for any further loans in the next 12 months either. I am leaning towards doing it. Any thoughts?