All Forum Posts by: Diana Costta

@Brock Dowis they have the property showing on their sites and partners such as redfin and apartments. They also do showings too.

@John Underwood yeah, that might be an option.

@Justin Moy yes, I got 65 leads, 9 showings but only 1 application which was denied. The competitor just put the his unit last week so let's see how that goes. My property has been vacant for more than a month.

I am now running a special on the deposit and hopefully that will help. Thank you.

@Garrett Swan will try FB marketplace and see how that goes. Thank you!

@David M. yes, one property came up last week on the same street of my property. Also a 1/1, so if they get to rent that one faster than mine. That will tell me, there's a deterrent to mine.

In terms of leads I got 65 leads, 9 showings and 1 application for that unit which it was denied because of credit and income. I am hesitant to reduce rent because rentometer and BP rent estimator tells me that the current rent for that area is what is being announced at my property.

 @Barry Robinholt  My PM recommended running a special of $250 off the deposit. Let's see how that goes. Landlord is already responsible for water and grass.

Dear BP investors,

I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area charging the same amount for the same type of unit. My question is: what strategies do you usually employ to get tenants in situations like this? and how long do you wait to see if a strategy is working or not (2 weeks)? Thank you.

 Hi @Ann Shanley this is great! please send us the info.

 Hi @Marcee Stephenson thank you for the tip. Just got my first investment in Elyria. 

These are great points @James Wise and @Steven Taylor. Is Lorain or Amherst classified by neighborhood grade like Cleveland?