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Updated almost 6 years ago on . Most recent reply

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16
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Breanne Weber
  • Flipper/Rehabber
  • San Antonio
19
Votes |
16
Posts

Filling a unit with out a property manager

Breanne Weber
  • Flipper/Rehabber
  • San Antonio
Posted

I have a Triplex that I am trying to rent out. I have Tenants in two of the three but need the third filled before I can refi. I have a property manager who is working on filling it but didn't take an applicant because they wanted to move in a month and a half. and assumed I wouldn't be interested and didn't consult me.

Well that Month and a half is almost here and we still don't have it filled. I can't refi until it is filled but it seems like my property manager has lost steam trying to fill it. I know they have lots of properties to fill and ours is a small 1 bed that is harder to fill. but I don't see him putting in as much effort. 

It is just renovated and priced right at the average for the size and area. although we did just drop the price to right below the average.

So I am looking at trying to rent it my self and am looking at how to do that. 

How do you get Realtors to show it? 

it is posted on Zillow and according to my PM 20 platforms. Any suggestions on successful platforms?

I know it is not on craigslist because he said it tends to promote vandalism. Has anyone had a bad experience with Craigslist?

Am I just impatient and just need to give it more time?

Be frank and honest with me I appreciate that. Thanks.

Most Popular Reply

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1,773
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2,659
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Marc Winter
  • Real Estate Broker
  • Northeast PA
2,659
Votes |
1,773
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Marc Winter
  • Real Estate Broker
  • Northeast PA
Replied

OK, bluntly, if your ad is syndicated to 10+ sites and it's not getting showings/applications... it is the PRICE.  Lower the price, get it filled and move on to the next project.  Remember, you cannot make up a lost month's rent.  Maybe offer discounted rent for the first 3 months.  

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