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General Landlording & Rental Properties

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Brian Ellis
  • Rental Property Investor
  • South shore, MA
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Should I lower the rent?

Brian Ellis
  • Rental Property Investor
  • South shore, MA
Posted Nov 15 2018, 10:38

Ive had about 50 or more inquiries on my rental over the last two weeks. After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly decline.

I would think the price is right. But based on it being a one bedroom, with off street parking for one vehicle, it probably turns off a lot of people. The rent price is tough for a single person to afford, and a couple living there would have a tough parking situation. 

Should I lower my price? Or is it usual for a one bedroom to have a higher vacancy rate?

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