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Updated over 10 years ago, 04/15/2014
Renting 1 BR - Tips?
Any tips on marketing a 1 BR condo for rent? Is there an ideal demographic I should be targeting? It's an updated condo in well maintained community, close to Boston. The market is said to be favorable to Landlords.
Background: I started renting out my 1 BR condo in August 2012. First tenants were an unmarried couple in their early twenties. They broke up mid-lease; one left and one stayed through the 12 months. Second Tenants are also an unmarried couple in their early twenties. Due to financial hardship, after 7 months they asked to be released early.
I know 1 bedrooms can be more challenging to rent, and when they are rented, tenants typically don't stay more than a year.
Any tips would be greatly appreciated. Thanks!