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Updated over 6 years ago on . Most recent reply
How long does it generally take to find tenants
We've been searching for tenants for 1 month now since April 19 and now it's May17. So far there are about 5 groups that showed up but it lead to nothing. So I start to wonder if I should charge the rent according to the Rent Zestimate from Zillow...or lower the price. How long does it generally take to find tenants? Our property is only .5 miles from the university so most likely our tenants will be students.
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Originally posted by @Vy Mai:
@Jonathan Orr,@James Wise I wonder if it's the timing because students are only start looking now for apartments. Maybe I posted during the wrong time when nobody is looking. Or am I just find a reason for my unrented place :) I haven't looked into what others are renting out at. I just charged according to Zillow. Maybe I will reach out to an agent. Thanks for your advices
Your overthinking.
You put it up for rent, it has not rented. Lower the price until it rents.