Renting out a SFH- New Britain

[Ari Bildner]

Hi All-

Just got my first single family next to the CCSU campus, a cape cod style 4br1bath in New Britain, and I closed in early February. Did a little work on it, and it's in good shape to rent. Obviously trying to rent it out as soon as possible, and hopefully by the room. Have had only a very few one-off bites from apartments.com, trulia, craigslist, hotpads, realtor.com, and some of that may be spam. Getting a little nervous, so any thoughts or more area-specific knowledge would be awesome. Not sure what I'm entirely doing wrong, but I am really, really new at this. When I first approached NB area, I felt that and was told that the rental market around here was consistently strong throughout the year, despite the college schedule. Any advice is greatly appreciated, thanks!

[Warren Juall]

@Ari Bildner - Who are you marketing to? I would think you should either go for all students or no students at all. Once you get non-students in your rental, it might be tough to find students wanting to commingle there. If you're going for students only, you might have missed the mark. Late summer is the best time for that. 

I rent out rooms to non-students in Shelton, CT. I only advertise on Craigslist and have almost no issues finding qualifying tenants. I offer month to month leases as room rentals tend to attract short term renters, although most tend to stay for a while. 

Have you tried advertising it as a 1-year lease single family rental? Might be worth giving that a shot too.  

If you're only wanting to focus on students, you might be able to reach out to CCSU and let them know you're offering student housing. Also can put up flyers on campus. 

Good luck!