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Updated 3 months ago on . Most recent reply

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George Samios
  • Investor
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Looking for a stronger realtor who understands the Tampa market

George Samios
  • Investor
Posted

Hello everyone,

I am looking for a strong realtor who understands the Tampa market and the surrounding areas. I am an investor out of state and I've been trying to market my rental since the summer. I am having difficulties and the vacancy rate is unfortunately hurting my budget. I am looking for a mid to long term tenants , minumum 6 month stays. I get alot of requests for short term stays and temporary housing situations but they are for short term less than 3 months. I am also getting requests from companies who wants to relocate families due to the recent hurricanes. 

Does anybody have experience renting to these companies/agencies that work with insurance on temporary housing? how do you screen a company in this case? any experience on this? or how do you set up the lease?

Overall, I am just looking for a normal tenant situation and get the place rented. Any advice would be greatly appreciated. 

Thanks 

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,583
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

For rentals, another agent is unlikely to change the landscape of this much. You are likely overpriced. The only reason that a place doesn't rent is because of price. Even if it's a dump, there is still a price for it (not saying your place is a dump, but everything is a price issue).

I've had two landlords recently switch strategies to mid-term rentals using Furnished Finder because they weren't getting the long-term renters that they want. You are in a GREAT market for mid-term displaced housing and insurance companies will pay 1.5x - 2x so that is something to consider. Realtors don't know anything about mid-term rentals, you would use Furnished Finder and would need good photos and systems, which you may not want to bother with based on your post.

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