All Forum Posts by: Nadir M.

@Kenneth Garrett i use Rentometer as well. I feel like that site underestimates rent tbh but still a good tool. Some competitors have been sitting on market for 30+ days. This is my first time listing a house during this time of year. The other properties I own sat for about two weeks and that was during the months or March and April. I’m going to see how next week goes and then make a decision. You’re absolutely right, winter, holiday, covid...all playing against me. I live out-of-state so may try to make some upgrades as it sits on market.

@Jaquetta Turner going to try to list on Nextdoor ... I think that’s the same as Facebook Marketplace

@Ganessan P. I just had an applicant submit their background check and credit history through Zillow. I thought it was fine. I mean how many different ways are there for a report to print out. I feel like, regardless of site, all background checks and credit reports are the same no?

@Jennifer Z. How do I know what kind of formats are used, In a specific market, by applicants to find their next residence?

@Mary M. Yes, one property was listed for $1900 but was bigger and more upgraded. Another listed for $1695 bit more upgraded but one less bath.

Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’s obv Thanksgiving week so I figured it’d be slow trying to find a tenant. Current Zillow rent price is $1550 and I listed for $1600. House it a bit dated but in a great neighborhood. One bathroom doesn’t have a shower, just a tub, but master bathroom has a full bathroom. I’ve listed the house on Zillow, Cozy.co, And Turbotenant. Since I’ve listed on these three sites, my property gets advertised on many different sites by default. My question is, do I stay a bit more patient at $1600 and wait until week after Thanksgiving is over then reduce price? I don’t like the idea of placing a for rent sign outside house or listing on Craigslist. Thoughts on both?

So do I keep price, adjust price, advertise house differently...any help is appreciated

Thank you,

@Cara Lonsdale

In regards to Redfin, I didn’t use that site specifically but I did sign-up with Turbotenant and that site advertises my listing on Redfin by default. I feel like I’ve advertised as best as I can utilizing all possible sites. I will ultimately use Cozy.co when I find a tenant and set up payments etc. I don’t expect much action being a holiday week and this time of year. Will stay optimistic and see what happens.

@Mike McCarthy correct. I bought lease from BP. They have most of laws documented in lease. It’s not everything but it’s a great start

@Kristi Mergenhagen

Thank you for the information. I’m sure there is great feedback and learning opportunities

Thank you

Hi Cara,

Going through policies, you brought up many great points of things to include in the listing. Is there a breed of dogs that you will absolutely not accept and if so, how do you proceed with notifying/denying a tenant? I also made sure to include that a minimum credit score of 600 is a must. 

Love the Tenant binder idea. Never crossed my mind. I think that's huge and will also reduce the numbers of times my phone will ring. I definitely need an all around handyman. This is something I'll need to work on asap. 

A problem I find while advertising on Zillow is that when potential Tenants apply for my listing, they apparently pay a $30 fee for using Zillow. This allows them to apply to as many properties as they want within a 30 day period. If I use Cozy.co for the background and credit check, then they'll need to pay the $40 in order to run those reports. So i'm think of keeping Zillow to find a Tenant but also list the property on Cozy.co and run all managment through Cozy.co. What are you thoughts? Why would I want to have Tenants who uses Zillow more now to use Cozy.co. Seems like they'll just ignore the listed due to the added expense UNLESS they're really interested in the property. Does that make any sense?