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Updated over 1 year ago, 05/25/2023

User Stats

27
Posts
16
Votes
Hector Bermudez
  • New to Real Estate
  • New Hampshire
16
Votes |
27
Posts

Austin MTR will NOT rent

Hector Bermudez
  • New to Real Estate
  • New Hampshire
Posted

In the summer of 2022 I recently, completely renovated a 3/2 house that was a long time LTR and began listing it as a MTR.  The property is practically all new and is located near North Austin.  I have a PM that had listed the property on VRBO and Furnished Finder for roughly $3200.  The property rented fairly quickly for 3 months from a Home Insurance placement company.  After that, the property has now been vacant for nearly 4 months!  Last week, my PM placed the property on AirBNB and Landing at below comp prices.  It's only been a week since then, but nothing so far.  My PM doesn't understand why it is not renting out.  I am reaching out to the FB community for any input on why it may not be renting and what my PM or I can do to get it rented again.  Thanks in advance for your ideas and considerations.  

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