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hey guys whats up Chris plum here with another video and today is an exciting one as it is my first viewer request Im going to be talking about free rent what is it and how does it work so diving straight into todays video free rent is pretty much what it sounds like it is essentially a period of time where the tenant does not have to pay rent so why would a landlord be interested in giving free rent well the simple answer is its one of several buckets of money that can be negotiated during the transaction process the others that weve talked about before are base rent so how much are you paying usually per square foot and tenant improvement allowance or how much money are they willing to contribute towards the build-out of your space so whats interesting about free rent is that it does not hit the landlords pocket in the same way that the other two expenses do so base rent is very important as weve discussed before to how buildings are valued how the building is underwritten a