2 out of 3 rental units empty

[Diego L.]

Please give me feedback, what can i do to get this one rented. it has been 7 months. 

://russellpm.com/renting-overview/rental-listings/1600-...

[Nathan Gesner]

Quote from @Diego L.:

Please give me feedback, what can i do to get this one rented. it has been 7 months. 

://russellpm.com/renting-overview/rental-listings/1600-...

There must be an issue with the neighborhood. I looked through all of Greenville and your property is on the low end for a 3bed/2bath.

Sitting vacant for seven months has cost you $11,000 or more ($1500 rent + $150 utilities). If your PM were on the ball, they would have recommended dropping the price after 30 days and found you a tenant to stop the bleeding. If you cut your price to $1350 a month and placed a renter after 30 days, your total loss would be must smaller. One month vacant = $1650. Price reduction of $150 x 12 months = $1800. Total loss is $3,450. That's a much smaller loss than what you've currently paid.

A good PM would give you regular updates and take charge of the situation to protect your income. I would never allow one of my owners to sit vacant like this!