Finding a tenant during Corona Virus

[Jessica Vollendorf]

Hi there,

I am looking for some guidance. I have a rental property that is going to be opening up mid April. It's a 2 bed, 1 bath in Portland, OR. I have posted it on March 18th and haven't had any hits. I'm trying to understand if the price is too high, if it's too early for renters to be looking for a lease Starting mid April, or if everyone is paused because of the Corona Virus. I would love some insight on what you think my next move should be.

PS: I have priced it competitively against other properties in my neighborhood of similar size and quality.

Thank you in advance for any guidance.

Jessica

[Dan Jordan]

Hi @Jessica Vollendorf,

I am finding a very similar situation in the Saratoga Springs, Glens Falls area of Upstate NY. I advertised for a 3 BR apt in December, 2019 and had 16 inquiries in 3 days. 6 days ago I put a similar advertisement in for another 3 BR apt and have not gotten 1 inquiry. Who would want to move during this time of uncertainty? I'm hoping (and thinking) we should be somewhat back to "normal" by the end of May beginning of June.