--174.249.xx.x

maybe it is time to sell,everything will sell right now --74.77.xx.xx

Criminal bums? Non payment bums? Filthy bums? Be more specific, bum covers a lot of possibilities. --149.76.xxx.x

Just the same one I’ve been griping about. 3br avg $1350. I started $1295 in February and have dropped and dropped since. Down to $1,000 and nothing. Credit, criminal eviction, combative. Typical reasons to decline. Can’t give it away. --174.249.xx.x

I know I won’t convince you, but your description of your lease up struggles confirms my belief that Landlords can’t rely solely on the zillows and must work to drive internet traffic to their site. --149.76.xxx.x

Time to sell. --209.122.xx.xxx

I don’t rely solely on Zillow. I advertise with a company that pushes out to probably 20+ sites. --174.249.xx.x

(I don't understand why a big house with a beautiful view is attracting undesirables: what else is going on with it??) --173.28.xx.xxx

I don’t know WMH. I rented one last week to the first person who viewed it. Perfect app. Breathe of fresh air. The house is a little less than half of the size of this one, no view on a small little side street in a junk town with heavy truck traffic. For $800. The house I’m trying to rent is so much nicer than the one that rented. Private, views, size, etc. I don’t get it. (I don’t use just Zillow) --174.249.xx.x

Could be that your ads don’t look legitimate. --149.76.xxx.x

Sisco, I don’t know how that is. The apps that come in are after they view the house. I’ve probably had 80 showings. --174.249.xx.x

Here’s kind of where I’m looking at with the house. The one I just rented for 800, I didn’t raise the rent on it at all. The tenant that moved out, moved in in November or December. Paid the early termination and left. The one that I can’t rent, was paying 1200. For two years! I listed at 1295, which was still below market, but probably where the departing tenant should have been. Now it’s been seven missed rent payments totaling $8400. That’s $700 a month. I could’ve listed it at 500 a month and definitely rented it. So when the market is above, what I’m asking and I can’t get substantially below what is asking, make that makes sense to me? it doesn’t make any sense. Maybe what I should do, is what everybody on here says to do and raise the rent to above market and just collect endless application fees. What difference does it make? Not rented is not rented. --174.249.xx.x

Actually, I should clarify, the one that I just rented for $800, I didn’t even look at my comparables to what the market was doing. I just re-rented it for what the previous tenant was paying. After the run I just had with this one that won’t rent, I didn’t care what the market said. --174.249.xx.x

When you find yourself with such a property it usually means you need to cull the herd. Keep the good ones and reinvest into a property that has a better tenant pool less problems which equates to higher returns. Stay right down the middle of your best marketable properties, your bread and butter, for the highest returns. --209.205.xxx.xx

--107.147.xx.xx

NE, your ad looks like a scam to the good tenants. You will never hear from them. Let alone receive an application. --149.76.xxx.x

Sisco, how so? I rent all the other units the same exact way. Typically much quicker. --24.152.xxx.xx

SOMETHING ELSE is going on. Wish I knew what. --173.28.xx.xxx

if it is worth $250k any chance you should be asking $1800? --74.77.xx.xx

NE, I find all of this very cautionary. Everyone's experience may differ based on their specific market. I experienced much the same earlier this year. In part, this may be related to the size of the rental also. Bigger places tend to be harder to rent in my experience. Not sure if that applies here. It's bad when even discounting the rent produces no qualified applicants. Do you talk to other landlords in your area? What's their experience? --209.122.xx.xxx

Ken, that would be $400-$500 above comps. I don’t trust comps much other than just giving me an average. So who knows, I think the competition just pull numbers out of their a$$. Who knows that they actually end up getting. My units ALWAYS end up renting for less than the market comps, always. Doesn’t matter if it’s A grade or D. GKarl, the tenant pool is terrible. --24.152.xxx.xx

And one we removed a bedroom and we list it now as a bonus room: office/guest/game room. We actually got rid of the closet from the bedroom side and turned it into a hall closet for linens or storage. --173.28.xx.xxx

It’s not huge. It’s basically a 2 bedroom that has a large addition that could either be a 3rd bedroom or a family/rec room. So it goes either way. Maybe next rent drop, I’ll change as to a 2 bedroom and price it that way and see that happens. If that works, I’ll advertise it as a 2br from here on out. --24.152.xxx.xx

Bums have bougie tastes I've found. Ye olde "champagne tastes on a beer budget." Fear not as I just received two promising applicants over the last few days. It was a barren desert there for a while. --64.246.xxx.xx

I also don't think you should call it Bum Magnet House because then it surely will attract nothing but bums. Bless the house and call it something else. Maybe, Beautiful Mountain Home? Or, Charming Hill Top House? Dear Lodge? Animals Retreat? Scenic View Home? --76.129.xxx.xx

You answered your question when you said that the house was below a price point " I listed at 1295, which was still below market, but probably where the departing tenant should have been". When I have looked at rentals to check prices I pick a certain amount of money to use for a search term. That's what people do. They get an idea of what a "nice" house would rent for, what the one they would want would rent for. Then they use that amount. So it looks like you have priced yourself below the "nice" point where "nice people" would show up to look and apply. But if you are not attracting "nice" people to apply then something is wrong in the house. So I would search what is available and find the "nice" properties and see what they are listed for. Then I would list mine for that. If it's a three br but one is really substantially smaller that causes a problem in the family so you may want to drop it to two plus office or den. --173.61.xxx.xxx

--136.179.xx.xx

OR try one more time - same price of $1295, but lose a bedroom and add a BONUS home office. I just want to see what happens so it's just me being curious. --173.28.xx.xxx

I want to see what happens at $1800 month --74.77.xx.xx

Who have been your best tenants there and what did they like most about the place? --68.1.xxx.xxx

--75.11.xx.xx

That was my idea, two br. plus office.. --173.61.xxx.xxx

I like the idea of under promising and over delivering. I may start trying the one less bedroom --174.249.xx.xxx