Need help filling vacancies
I have a property in Texas with a on site manager that is...lets just say not very motivated. Im out of state and want this building filled...she states she is trying but watches Oprah all day. I am condiering a change but she is great with the property and tenants. HOW do I get to 100% ? Thius is a great building but my 1bedrooms are always going vacant. Rent is low, no deposit free incentives...what the heck else do I need to DO to get folks to lease.
Scott
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Scott - It sounds like your manager isn't as great as you think. If she's sitting around watching Oprah instead of hustling to get the property filled, it is probably time to let her go. If your prices are wrong, then they should know that and help you adjust. If the place is out of shape, then they should help get it back to renting condition.
I wouldn't expect someone to get a vacancy filled immediately, but if someone is doing the job, then you shouldn't have the worries that you currently have.
I've been through what you're going through and it is VERY frustrating. This is why I advise people to avoid long-distance investing like the plague.
Let us know if you have any more thoughts/questions.