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Updated almost 10 years ago on . Most recent reply

User Stats

117
Posts
35
Votes
Spenser Harding
  • Rental Property Investor
  • Tacoma, WA
35
Votes |
117
Posts

Good problem?

Spenser Harding
  • Rental Property Investor
  • Tacoma, WA
Posted

Hello BP!  I bought my house in 2012 and am going to be renting it out.  I live in the Seattle/Tacoma area and I created a Craigslist/Postlets ad that went live yesterday after noon around 4, and since then I have received over 35 phone calls and emails of people interested.  My research of Zillow, Rentometer, and looking at what other landlords in my were charging suggested a price of around $1600 so I have it listed for $1595.  My questions are 1. Is it normal to have that much attraction right off the bat? - so much so it I hardly have the capacity to respond to all of them.  2. Is this a sign that I am not charging enough? 

Most Popular Reply

User Stats

777
Posts
742
Votes
Curtis Bidwell
  • Rental Property Investor
  • Olympia, WA
742
Votes |
777
Posts
Curtis Bidwell
  • Rental Property Investor
  • Olympia, WA
Replied

Hi @Spencer, I'm just down the road in Olympia.  I just started using Postlets and have had similar results.  I think it is a reflection of the current market, a broad marketing approach and you have a desirable property in a good area.  

I was trying to paint a duplex last week and kept getting interupted with phone calls! I rented it that day though my overhaul wasn't  complete (floors pulled up, counters bare, half painted)! 2 bed, 1 bath now going for $1k when I was at $900 at the beginning of this year! 

Yes, it's a good problem!!

  • Curtis Bidwell
  • Podcast Guest on Show #95
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