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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
John Stevenson
  • Union, MO
2
Votes |
10
Posts

When to list after receiving 30 day notice? Showings?

John Stevenson
  • Union, MO
Posted

I have always listed a rental after someone moves and I can clean up etc. Many times word of mouth or a sign does the job. It seems like I always lose a full months rent though by the time it all works out. I am not sure if this is what most people experience or if better management can remove that?

Anyway, I am trying to maximize returns and run things better now that I am setup as a real business tracking everything to the penny, following proper LLC safeties, and added 4 more units, etc.

A recent 4 unit building I purchased is going to have it's first vacancy. They gave me their 30 day notice. I listed it today on Zillow and already got an inquiry. I might have been a little hasty because I am not sure how to handle a showing in this case? 

So, what do most people do? I read one article that suggests 4-6 weeks or as soon as you get notice to list it. However, they do not talk about showing it or when to put the sign out front. Is it even possible to have a new renter ready to move in day 1?  

Who wants a place they cannot see first? The tenants are still in there, so I really don't want to bother them. 

In this case from what I have seen, they keep the place in nice shape, so I do not expect to have to do much before it is ready to go. I do not have much to use in the way of pictures because I have not owned it very long and it has not been empty to take any. I have an outside pic and an occupied living room pic and the other pics are of other units also occupied. I usually have a place empty and then just show it. I have not needed to use any online listings before really. Worst case scenario, one-two week run in the local paper usually did the trick. 

Suggestions or advice?

Thanks!

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