House will not rent

[Mark Forest]

I bought a house in a nice area where I did a lot of research. I found that my rental competition was mostly condominiums and apartments. These were all nice, but I thought there would be many tenants who would prefer a house. Now over a month later I have reduced the price of this house substantially and I cannot get it rented. I have it up on CL, Zillow, Trulia, etc. but nothing is happening. We have only shown it about six times. Those who see it say it is nice, but we never hear from them again. I am starting to think I cannot even give this house away.

Many of the prospective tenants seem to think I should pay their electrical and heat, but this is not standard with SFH. I think they are spoiled by the apartments they are coming from which do pay these things. The house has a well, so water is free. I assume my only strategy is to keep lowering the price till someone accepts it.