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Updated almost 9 years ago on . Most recent reply

User Stats

21
Posts
5
Votes
Tess Tari
  • Investor, Corporate Controller
  • Lakewood Golden, CO
5
Votes |
21
Posts

No applicants

Tess Tari
  • Investor, Corporate Controller
  • Lakewood Golden, CO
Posted

Hi Everyone!

We are finally finishing our turnover - what a nightmare! It cost me a fortune, aside from not having rent for two months (they didn't pay April, and we had to evict)

Here is my current issue: we are listed all over the place: Craigslist, Zillow, Realtor.com, etc.  I have had a ton of emails about it, but not one application.  I set the application up on Cozy.co

We are close to the lower end of rent for our neighborhood - but not the lowest, and the house is looking pretty good now!  I didn't get good pictures up until last week, and will add more today, to all of our listings... So I understand why I wasn't getting interest before pictures went up.

Has anyone else dealt with this?  I don't know if it's the screening that is turning people off, or if they are having trouble with the application.  I have asked every single person to let me know if they've had issues- no one has emailed a second time.  

Are people just being flaky?  Are they ALL unqualified? I'm not willing to NOT screen, but I would really feel better if I had at least one application!!

Thoughts?

Most Popular Reply

User Stats

229
Posts
107
Votes
Nick Doria
  • Real Estate Agent/Investor
  • Chicago, IL
107
Votes |
229
Posts
Nick Doria
  • Real Estate Agent/Investor
  • Chicago, IL
Replied

@Account Closed you don't have to have them fill out an application to find out if they will qualify for the apartment. When they call you go over the qualification standards that you have and after talking to enough people 9 times out of 10 you can tell if they are lying based off of how they answer the question. Of course there is the chance that you can be wrong but your gut is normally right about people. 

a couple of things that you could do to help get more people interested would be: 

- change how you have your ad typed up this does make a pretty big difference believe it or not. Also having a title that catch attention helps a large amount as well.  

- Good pictures go a long way. i know you said you just added new ones which will help a lot. 

- Do you know what other landlords are asking for in terms of qualifying standards if yours are much higher it could be a good thing that people aren't getting back to you or you could be asking for too much due to what the area is.

- maybe drop the rental amount by a small amount it's better to have somebody in there even if its lower. plus this should get more people interested and give you a better chance of finding a qualified person.

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