Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Marketing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

8
Posts
1
Votes
Benjamin F.
  • Investor
  • Herndon, VA
1
Votes |
8
Posts

Assessing Reasons For Ongoing Vacancy

Benjamin F.
  • Investor
  • Herndon, VA
Posted

I have a property that's been vacant for almost three months, which happened previously about a year ago.  Given the rental comps in the area (Northern Virginia near Dulles), it seems the property should be earning more and be filled faster.  I'm not sure where the problem is although one thing that worries me is the realtor who seems to be too late in starting to advertise the vacancy, which then results in a need to lower the rent.  So I lose money on the vacancy as well as the ultimate rental income.  Of course there could be problems with the attractiveness of the property that are out of the realtors hands.  How have others handled this type of situation and are my concerns about the realtor justified?

Loading replies...