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Updated over 5 years ago on . Most recent reply

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Byron W.
  • Chicago, IL
10
Votes |
78
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Have rental applications slowed down for you during quarantine?

Byron W.
  • Chicago, IL
Posted

Looking to get an idea of how many rental applications people are receiving now vs during normal times. I listed a new unit for rent in the Bronzeville area last month and applications have been really slow. Wondering if I need to drop the rent or if I should just wait it out.

Most Popular Reply

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4
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2
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Amrit Babu
  • Real Estate Investor
  • Austin, TX
2
Votes |
4
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Amrit Babu
  • Real Estate Investor
  • Austin, TX
Replied

One of my own rentals, the tenant who had a small business after 3 months within the lease wanted to terminate early due to Covid.  Ended up putting it on market, and got someone within 2 days.  Leasing seems to be strong here still.  (Austin, TX).  Keep in mind, this house is 10 mins from dtown, so not sure if that matters. 

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