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Rental Property taking too long to rent
Hello All - Bought a two-family home and closed at the end of April 2024. Renovated bathrooms, kitchens, added washer dryer to each unit and new lighting throughout. The units look nice, the apartments are spacious and located in a nice town, close to the NYC train (50 mins from NYC). It's a busy enough area. However, it has taken a lot time to rent. I like my agent, she is very active and has been in the industry for over 20 years. We have had may leads but people keep losing interest. We reduced price as well.
The units are still empty and I'm starting to get really tight with mortgage payments and rent (I live in NYC). Any advise?