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General Landlording & Rental Properties

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Jean Leite
  • Miami, FL
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Advertising for better tenants in Miami

Jean Leite
  • Miami, FL
Posted Sep 21 2014, 12:55

Dear BP, 

I'm an international investor and I've closed my first deal this July in Downtown Miami. It's a 2-bed, 2-bath on the top floor of a very nice property Downtown. I'm asking a price right in the range of neighbouring units of same size and amenities.

The buying agent in the transaction is also the agent taking care of showings and listings. I have given her 6 months exclusivity and I'm struggling to find a decent applicant. I must've gone through 20 applications by now and it's always people with poor credit, very low hourly wages on part-time jobs, and parking seems to be a deal-breaker sometimes (1 spot for a 2-bedroom). Our listing is obviously on MLS, Trulia, and Zillow. But is there anything else I could try? Are there specialised tenant-hunters in the area? I'm not anywhere near the end of my exclusivity period with the agent, and honestly I don't believe she's the problem, but I definitely need to get this rented out to a nice tenant so that I can stop worrying about the empty condo. Any suggestions or pointers are sincerely appreciated!!

JS

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