Rental pricing whilst occupied

[Liam Martin Ruane]

Hi all,

New investor here! Just in the process of listing our first rental online for the first time. The current situation is we live in one of the rooms and we are renting the other two on a short term basis. They will be occupied for about another month and we have just listed the unit. Seeing as though this is occupied for another month, how soon should we start lowering the monthly price?

Over the past few days, we have had a couple of inquiries, but nothing concrete. Any suggestions on this would be much appreciated.