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Updated almost 8 years ago on . Most recent reply

User Stats

129
Posts
68
Votes
Joey Nakayama
  • Investor
  • Chicago, IL
68
Votes |
129
Posts

Chicago vacancies with winter coming -- help!

Joey Nakayama
  • Investor
  • Chicago, IL
Posted

Hi BP community, any tips for filling vacancies in a market that slows down in winter? I recently wrapped up a renovation on one unit and have another with tenants leaving at the end of December. I have ads up for both (through Zillow Rental Manager and Craigslist) and haven't been getting much response. See ads here and here.

Some ideas I’ve been considering:

  • Lower rent (I’ve already done this on one unit)
  • Offer half off first month’s rent or some other temporary discount
  • Find other channels for advertising

Suggestions and critiques on my ads are welcome!

  • Joey Nakayama
  • Most Popular Reply

    User Stats

    6,201
    Posts
    5,169
    Votes
    Brie Schmidt
    • Real Estate Broker
    • Chicago, IL
    5,169
    Votes |
    6,201
    Posts
    Brie Schmidt
    • Real Estate Broker
    • Chicago, IL
    ModeratorReplied

    Winter sucks, it is always twice as hard to get them leased up.  

    You can put them on the MLS and pay 1/2 month commission or rent them to @Syed Lateef who will furnish and manage it as an airbnb 

    business profile image
    Second City Real Estate
    5.0 stars
    20 Reviews

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