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Updated about 7 years ago on . Most recent reply

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Cindy Simcox
  • Riverton, WY
1
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9
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Trouble getting units rented- looking for constructive advice

Cindy Simcox
  • Riverton, WY
Posted

Hi Everyone, 

I am a shadows lurker who reads much and is very hesitant to post. With the recent purchase I am now at 20 units.  I recently purchased a 16 unit complex and am renovating the units.  4 are complete, but I have been able to rent only one. Extensive  research on pricing was done and I am asking $700 for 2 bed 1 bath fully renovated in western Wyoming in a very nice neighborhood with upgraded exterior and plenty of off street parking. The interest I get is from  folks with dogs ( I love them I own 4) but am not permitting them because of the renovations, the potential for damage, noise and failure to pick up behind them. I understand it may be a bit challenging this time of year, but I need to know where I am erring. I am asking for short term leases to get to spring to renew for a year. The rental consultant claims I am doing everything right, as does a friend with rentals I need rural Idaho. I am looking for constructive advice on what I need to correct. Thanks.

  • Cindy Simcox
  • Most Popular Reply

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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
    65,305
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    Jay Hinrichs
    #1 All Forums Contributor
    • Real Estate Consultant
    • Summerlin, NV
    Replied

    I bet your area has Lots of dogs and precluding them is probably really narrowing your rental pool... 

    as @Max T.  states i would rethink that and simply get a nice large dog deposit..

    business profile image
    JLH Capital Partners

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