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Updated almost 2 years ago on . Most recent reply

User Stats

17
Posts
12
Votes
Audrey Peltier
12
Votes |
17
Posts

can't find a tenant

Audrey Peltier
Posted

Hi all!

This is my first time posting something here. I'm kind a newbie. I bought my first and only rental 2 years ago in Cleveland (I live in CA). The former PM found a tenant quickly. They left in December (without paying the last month). I had to spend a lot of money to renovate the house and the garage was totally destroyed. 

The new PM can't find a new tenant (32 days on the market and 216 view but no application) and right now I am hemorrhaging money.

It is a single family home - 3 bd/1ba - 993 sqft - with backyard. $915/month

Do you have any advice?

  • Audrey Peltier
  • Most Popular Reply

    User Stats

    1,946
    Posts
    2,150
    Votes
    Ned J.
    • Investor
    • Manteca, CA
    2,150
    Votes |
    1,946
    Posts
    Ned J.
    • Investor
    • Manteca, CA
    Replied

    Most common...

    Price is too high.... this can be relative to the area and condition of the property

    Marketing is poor..... place not clean, renovated, bad pictures, bad listing info, criteria is way off for the class of neighborhood 

    You have a PM..... what are you paying them for?

  • Ned J.
  • Loading replies...