Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
0
Votes
Benoit Lalande
0
Votes |
1
Posts

House in Austin not renting?

Benoit Lalande
Posted

I just stumbled upon this house in Austin (B+ neighborhood). I was going through the price history and it looks like the owner tried to rent out the property between November and January, lowering the price each month until they finally decided to put it up for sale. The house looks great as you'll see. Freshly renovated and the rent price they were asking by the end ($2150) seemed fair. I know they listed it for rent during the slow months of the holiday season but still, is that really why it wasn't being rented? Do you feel like anything else can explain this vacancy? Not my property, I'm just curious.

Most Popular Reply

User Stats

4,918
Posts
4,517
Votes
Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,517
Votes |
4,918
Posts
Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Benoit Lalande:

I just stumbled upon this house in Austin (B+ neighborhood). I was going through the price history and it looks like the owner tried to rent out the property between November and January, lowering the price each month until they finally decided to put it up for sale. The house looks great as you'll see. Freshly renovated and the rent price they were asking by the end ($2150) seemed fair. I know they listed it for rent during the slow months of the holiday season but still, is that really why it wasn't being rented? Do you feel like anything else can explain this vacancy? Not my property, I'm just curious.


 Looks like a solid property in a decent area - I would think that at first glance (just guessing) is that the 3 bedroom 1 bath is the problem - thats potentially a lot of people sharing just one bathroom - renters for 3BR homes are probably going to always go with more bathroom options

business profile image
Harpoon Capital

Loading replies...