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General Landlording & Rental Properties

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George Pan
  • Albany, NY
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I'm having trouble finding tenants...

George Pan
  • Albany, NY
Posted Apr 23 2014, 12:12

Hello,

I purchased a duplex (each has 3brs/1ba) last April in a city with 5+ colleges, a university, 2 hospitals, and state offices.

I decided to rent one and live in one for the first year. I advertised the place on Craigslist's last May and had tenants within a week. They recently told me they want to renew their lease for the 2nd year.

Now I want to move and rent the one I've been living in. I've been trying to rent it for more than a month now (for the same price as the other one) to no avail. I've had around 8-10 showings. Most say that it is a very nice place, but I get no call backs.

The rent cycle here starts in June because of all the colleges.
I am getting nervous now but don't want to lower the rent price. What I am asking for it is not unreasonable, and it rented out very fast last year.

I feel like I should put more effort into renting it than simply putting it on Craigslist. What are good ways to advertise?
What are some things I could do to attract more potential renters (ie open house)?
Thank you!

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