All Forum Posts by: Audrey Peltier

 I would highly suggest looking into it. If you aren't opening it up to Sec 8 tenants in that neighborhood, you will need lower the monthly rent quite a bit for it to be affordable to a non sec 8 tenant. The screening process is the same for sec 8 or not, so I wouldn't let that deter you. Also, you have to know your potential tenants in the area your rental is. If they are making 2k a mo, they can't afford $915mo rent plus all the extras that are mentioned in the ad, so they are viewing it and moving on. If you lower it to $700 I'm sure it will get rented but then your cash flow is low. So, get it Sec 8 approved and you'll be reaping the rewards. Screen your tenants properly and all will good. No guarantee a non sec 8 tenant won't destroy your home like many like claim sec 8 will.

 A lot of people have weighed in on this.

The inside of the home looks rentable to me. 

Another at least half bath (at least) would be ideal--but then again you have to dance with the girl you brought to the dance.

Outside, I would never try to rent something that looks like this outside, Why? I believe less renters would be interested in it.

Curb appeal it looks like a don't care just give me the rent money house.

A place someone would have to settle for for some reason, and that to me does not seem like the bulk of the renters would consider it as a place to live---leading to increased time on market.

Lower your price and attract a more sketchy type renter--possibly.

The exterior in the pics looks dirty, maybe pressure wash it maybe paint it.

Why is the back partially painted, run out of paint?

The concrete in the rear looks absolutely dirty, I'd pressure wash that.

The garage with the missing side wall and the broken door, looks like a kids lockjaw danger.

The neighbor does not have a steel door grate, is it needed, or would a standard door do.

If you do decide to fix up more, remember you have to weigh your costs carefully and try not to over spend.

I did some mockups of things I think MIGHT increase the curb appeal a bit. Should you do them, that's up to you. 

Maybe its not leasing for some other reason and the curb appeal is good enough for the rent amount in that area (???)

Maybe a little cut in the rent would get a lot of takers, you really need to research this more.

Good Luck!

@Audrey Peltier Looks like you are located in the Lee-Miles neighborhood which is a lower income class neighborhood as I'm sure you are aware. Are you looking for Sec 8 or non sec 8 tenants? I think that may be where the issue is possibly if you are not accepting Sec 8. Look at https://www.cmha.net/hcvp/rent... to get an idea of what Sec 8 may be paying.

I can send you a list of property managers in Cleveland, Ohio

I DM'd you a list of Cleveland referrals that include Property Management. 

 Decent house with the exception of the horrible look of patched-in siding on the rear of the house, pictured no less. Garage is also a mess. I would re-side the back of the home and clean up the garage.

Pricing seems fine compared to others in the area but the listing is very poorly done. I'm always amazed at how many property owners and managers have no idea on how to write an add. It's supposed to help you sell your property to perspective renters, not scare them away. Why would any property manager list every utility the tenant has to pay separately? Just say utilities not included. What's with the $129 fee and $30 monthly tenant benefit package? You're trying to rent a C class home, not a room at the Plaza. Get rid of all the legalese and junk fees and you'll be fine.

IMHO,

Gary