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Updated about 2 years ago on . Most recent reply

User Stats

39
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7
Votes
Heather Brown
  • Investor
  • NC
7
Votes |
39
Posts

Chesapeake VA MTR Input on Rental Amount

Heather Brown
  • Investor
  • NC
Posted

Looking for some feedback on rent amount. I have a property in Chesapeake VA that I am marketing as a MTR; however, it has been on the market for over a month now with no real bites. I have tried lots of things to help; posting on additional sites, opting to allow pets when I didn't initially, lowering the rent by $200; lowering the cleaning fee, etc.

Opinions welcomed and I know this is dependent on a lot of factors.

It's a 2BR 2.5BA townhouse, lakefront, convenient central location, safe neighborhood, completely and newly furnished, TV's, W/D, fully stocked kitchen, king size bed, deck and balcony overlooking lake, professional photos, video walkthrough.

Utilities all included along with furnishings.

MTR, so month to month leasing option.

I initially listed it for $3000/month, then lowered it to $2800 a few weeks ago.

Is it too high still do you think? That's why it's not renting?

Or is this just a slow time of year?

Thanks for any insight.

Most Popular Reply

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2,710
Posts
2,240
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Patti Robertson
  • Property Manager
  • Virginia Beach, VA
2,240
Votes |
2,710
Posts
Patti Robertson
  • Property Manager
  • Virginia Beach, VA
Replied

I bet @Dezmon Robertson would have some good feedback for you but he would need the address.

  • Patti Robertson
  • 7574722547

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