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Updated about 1 year ago on . Most recent reply

User Stats

36
Posts
6
Votes
Jared Haxton
  • Rental Property Investor
  • Prescott, AZ
6
Votes |
36
Posts

Ideas for Marketing my Primary Residence

Jared Haxton
  • Rental Property Investor
  • Prescott, AZ
Posted

Hello everyone! I am trying to get some ideas on marketing my primary residence that can be a killer rental. It is a 2,634 sq ft, 4-bed and 3 bath luxury townhome with views in Prescott, AZ. Also, it is a four minute drive from a pretty expensive Aeronautical University and hospital. We put out feelers a number of months back and 4 students/recent graduates offered about $4,000/mo to rent by the room.

One of the identical units a few doors down sold for $669k in December and we listed ours for $645k. No bites yet and we are now listed at our bottom dollar of $599k. If I didn't need the cash to buy our next home I wouldn't dream of selling it because of the great rental potential. And this area has a lot of students with parents who foot the housing bill.

The group of students offered us the numbers below but traveling nurses would probably pay more. Any ideas of how to get this house in front of the right buyers? Lots of parking too! Thanks!!

Owner's Suite: $1,300

Secondary room next to bathroom: $1,200

Bed 1 downstairs: $800

Bed 2 downstairs: $800

Sent from Yahoo Mail on Android

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