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Updated almost 8 years ago on . Most recent reply

User Stats

58
Posts
22
Votes
Rachel Payton
  • Property Manager
  • Albany, OR
22
Votes |
58
Posts

Issues renting my 3bdrm in converted house. Urbandale, IA

Rachel Payton
  • Property Manager
  • Albany, OR
Posted

I own a 5-plex in Urbandale, IA. The largest of the 5 units is a 3-bedroom, which is the vacant one. The other 4 are 1 bedrooms. The 3bedrm is super nice, and over 1600 sq/ft. Laundry in-unit, pet friendly... all the things you could want in an apartment. I'm having some real problems finding people who are interested because the unit is in a converted house. So the pictures of the building look like a single family home. I've had several people contact me thinking it's a house (even though the ad clearly states apartment) The rent I'm asking for is comparable from what I'm seeing in CL. But it seems like there's a LOT of competition. There are TONS of ads for the same apartment from large complexes. I'm not using a management company right now. I've attached my CL link. (I realize many of the photos aren't great, i'm having professionals taken tomorrow) Any suggestions on how I can better market this place, or if I'm way off base on my pricing, would be appreciated.

https://desmoines.craigslist.org/apa/6165313694.html 

Most Popular Reply

User Stats

6
Posts
3
Votes
Guy Varble
  • Rental Property Investor
  • Urbandale, IA
3
Votes |
6
Posts
Guy Varble
  • Rental Property Investor
  • Urbandale, IA
Replied

Rachel - I live in Urbandale and am a local investor.  I buy, fix-up and sell as well as have passive income units.

I use a property management software called R E N T E C   D I R E C T and I just click the "syndicate" button and my property gets blasted out everywhere.  Since I've been uning this for the past couple of years I have never put up a sign or ad or anything.  It costs about $15.00  a month and is what I use to manage all aspects of my rentals.

Let me know if there is anything else I can help you with.

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