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Updated over 1 year ago, 05/25/2023
Austin MTR will NOT rent
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.