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Updated over 7 years ago on . Most recent reply

Joe Graziani's profile image
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Joe Graziani
  • Contractor
  • from Pittsburgh, Pennsylvania
  • Member since Jan 17, 2017
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Joe Graziani's profile image
Joe Graziani's profile image
Joe Graziani
  • Contractor
  • from Pittsburgh, Pennsylvania
  • Member since Jan 17, 2017
Connect
Joe Graziani
  • Contractor
  • Pittsburgh, PA
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General Landlording & Rental Properties

At what point do you lower rent for vacant units?

Joe Graziani
  • Contractor
  • Pittsburgh, PA
Posted

Hello BP, I am having trouble getting a multifamily property rented. Both vacant units have been renovated over the past year and are roughly $100 under the going rate in the area. The location is good. I have multiple rentals in the area and have never gone this long with vacant units. At what point do you lower the rent to fill vacant units? 

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