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Updated over 9 years ago on . Most recent reply

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12
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14
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Joe Long
  • Investor
  • Corning, NY
14
Votes |
12
Posts

No Vacancies

Joe Long
  • Investor
  • Corning, NY
Posted

I have never understood why landlords would let their units sit vacant.  We do what it takes to turn units over in between tenants.  If the price is to high we would lower after a week or two of advertising.  Lower $25 a month is better than losing and entire month of rent. 

Hire out help if you need to make repairs, clean, touchups etc.  I can understand if a unit needs an entire renovation but other than that do what it takes to fill your apartments.  Think out side the box..... We have even turned to Airbnb to fill a month that didn't look promising.

Most Popular Reply

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8,383
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4,385
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Colleen F.
  • Investor
  • Narragansett, RI
4,385
Votes |
8,383
Posts
Colleen F.
  • Investor
  • Narragansett, RI
Replied

I would rather have a vacant unit then the wrong tenant.  I would rather wait a month then decrease it by 25-50 for a tenant I would not want to keep long term.  It's isn't just price sometimes it is timing.  Airnb is not the solution to everything , some units don't lend themselves to the string of temporary tenants, they can be more trouble then the rent you get.  

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