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Learning, Sharing, and Teaching => Real Estate and Landlording => Topic started by: cavinvestor on February 05, 2018, 06:22:40 PM

Title: How to get the first Tennant
Post by: cavinvestor on February 05, 2018, 06:22:40 PM

Guys.

I closed a property a month ago (out of state) and currently looking out for Tennants.  My property manager says it is priced right and getting a lot of enquiry. However I don't get any applications.  This property is in suburbs and I would say Type B area with rent range between 1100-1500.  We have posted in MLS, Craigslist. Not sure what else to do as I'm a first time investor.

Any suggestions are highly appreciated.

Thanks

Title: Re: How to get the first Tennant
Post by: Another Reader on February 05, 2018, 06:43:07 PM

Rent is too high is the usual answer.

Have you looked at the comparable rentals and viewed the property manager's listings on various sites?

Title: Re: How to get the first Tennant
Post by: dummy on February 06, 2018, 02:52:33 AM

First, check comparables in your area using zillow.

Then once you get a feel for market rate, I use hotpads.com to post my rental.  It links to zillow, trulia, etc. and I have had great results this way.

Good luck.