BiggerPockets

We are seeing no slow down or rent reductions in the Richmond area.

Do you have a sign in the yard? Also consider posting it on the google site rentals.com

Jim

The rental market has been fantastic in Indianapolis!

Properties here are easily rented in less than 30 days and we have taken no rent reductions!

I applaud my team for doing such a fantastic job, and feel that the quality of our properties play a huge role in making it happen!

I LOVE INDY!!!!!!

Jon:

I rent my college houses from August through July and haven't had problems. Superior location helps.

As far as any rental slowdown my college rentals are up in price, but I've lowered the price of a couple of blue-collar homes since those renters can get much lower rents outside of town.

Yes, it's dead as a doorknob here is central South Carolina and coastal towns. You can be on Craigslist forever but there isn't anything coming off of it but more realtors, investors, property complex managers, desperate owners. Sign in the yard, ad in classified, postlets ad layout....nobody's moving or this Spring is dead. Rents not too high--just no traffic. Worst year I can remember.

The rental property market in Chicago is showing signs of slowdown. There seems to be less people inquiring and more units for selection. There has been significant condo development all around Chicago, and now many cannot be sold. So we are seeing beautiful brand new condos being rented out at decent prices. I believe this trend is happening in other urban areas, notably New York. Lots more selection for renters out there in the same price ranges that older apartments rent for.

I have one unit in a 3 flat (2br/1bath) that has been rented for $2000 - 2100 over the years. Its quite nice actually, though now we have competitors around the corner like:
http://chicago.craigslist.org/chc/apa/1102426928.html

The guy across the street from me that is a good comparison to my property lowered his rents to $1900 and has had his place on the market for about 2 weeks. I have a few months until my tenants move out, so I think I might do a renovation that I have been thinking about for a few years. People now are looking for a better deal for everything and may prefer to stay in the same place than to move. Construction costs here have gone down so it is a good time to build for the future and deliver value to customers. Just my thoughts.

It's been a hit or miss for me in North Minneapolis and Cottage Grove area.

I use Craigslist, but also Housinglink (Also free)

It's weird with Craigslist. I post an add, nothing. repeat. nothing.

Then one day I post an add and get 4 responses in an hour. And a lot more after that.

If you happen to post at the same time of day every time, i'd try mixing it up.

And delete all old listings. It makes you look desperate.

Make sure you have good pics too.

Hope that helps.
Otherwise, feel free to send me the link and I'll see if I notice any red flags.

Mr. Kelly