Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

Account Closed
  • Rental Property Investor
  • Philadelphia, PA
94
Votes |
240
Posts

What to do when you get too much interest in a Unit?

Account Closed
  • Rental Property Investor
  • Philadelphia, PA
Posted

I just listed a 1 Bedroom in my Triplex and I got a tremendous response in less than 24 hours from posting, but a lot of it is junk. Here are the stats.

Listed Price: $850 / Mo

Market Range: $800 - $975 / Mo

My Unit: Above Average compared to market

And, here are the results so far:

Inquires to rent: 48 (in under 24 hours)

Showings Held: 8 (So far, more scheduled)

Applications 3 (So far)

The only problem is all of the people that applied so far have credit under 650 and the person above 650 has an income of 2.7x of rent. Looking for any advice or feedback on how to best handle the situation.

Loading replies...