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Updated over 5 years ago on . Most recent reply
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PM said 30-45 days of vacancy is average between tenants?
My 3/2 has been vacant for about 2 weeks now. The area is a high demand, popular area on the beach in Florida. I asked my PM how long he is seeing for vacancies on properties...he said vacancies are averaging 30-45 days. I was a little shocked as I rented the house myself on the first go around in about 1 week but those tenants have since left and I am living out of state temporarily.
Is 30-45 days to long to wait? at what point do i drop the price to get it filled?
Thanks BP members!
Most Popular Reply
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Every market is different, but here it takes no longer than a week or 2 to find a qualified tenant. We get a dozen applications for an opening but 9 out of 10 won't qualify. When you rented your house on the first go around did you screen the tenant? Maybe that's where the delay is coming from...