Single family home NOT going for rent

[Sandy Sandy]

Hi!

I bought a 4 bedroom single family home which was previously rented for 2750$ before I purchased .Property management has listed for 2500$ at the end of August and haven’t received any applications. So reduced  rent to 2300$ but still no luck. I’m little worried if it will go for rent at all ? Any suggestions on what I can do to go for rent? Or should I sell it?

First time investigator here, please provide with your valuable suggestions!

thanks in advance!

[Josh Young]

Quote from @Sandy Sandy:

Thanks for your response.

Here is the link https://www.apartments.com/28-barton-st-rochester-ny/lsq5j3f...

I see you just posted it on Zillow too, that's smart, but your PM should be doing that, that's what you pay them for. They should also tell you that based on the comps on Zillow it should rent for $1900 per month, maybe $2000, but I would list at $1900 to make sure you get it filled quickly, every month of vacancy is equal to an 8% reduction in annual revenue. A lot of tenants have small pets too, so I would consider small dogs and cats for an extra $25 per month. Your pics and description look okay, they could be better and you could spell out your terms a little more, but I think price is the biggest factor for why you haven't had any applicants yet.