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Updated about 6 years ago,
Trouble getting units rented- looking for constructive advice
Hi Everyone,
I am a shadows lurker who reads much and is very hesitant to post. With the recent purchase I am now at 20 units. I recently purchased a 16 unit complex and am renovating the units. 4 are complete, but I have been able to rent only one. Extensive research on pricing was done and I am asking $700 for 2 bed 1 bath fully renovated in western Wyoming in a very nice neighborhood with upgraded exterior and plenty of off street parking. The interest I get is from folks with dogs ( I love them I own 4) but am not permitting them because of the renovations, the potential for damage, noise and failure to pick up behind them. I understand it may be a bit challenging this time of year, but I need to know where I am erring. I am asking for short term leases to get to spring to renew for a year. The rental consultant claims I am doing everything right, as does a friend with rentals I need rural Idaho. I am looking for constructive advice on what I need to correct. Thanks.