Need help to market my 1st rental property

Need help to market my 1st rental property

Member since 2024 · 7 posts · 1 vote

I have been listening to bigger pocket podcast and found my 1st rental property. I post the property on Apartment.com and Zillow. Got 3 applications, but they weren't serious. It has been a month of vacancy. Any  advises would be greatly appreciated. I'm in California 

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  • Lakeland, FL · Member since 2018 · 243 posts · 148 votes
    2y

    You can keep trying to market it by yourself, or if you are willing to pay someone to manage the property full-time or even have a property management company get you some tenants and you take it over from there, it just depends on your time and money and what you value you more. 

    Best, 

    Brandon 

  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    2y

    @Tamy K. share your ad, so we can offer better assistance!

    Logical Property Management4.9455 Reviews
  • Peter StewartBusiness Member
    Real Estate Broker · Indianapolis, IN · Member since 2018 · 160 posts · 168 votes
    2y

    Hire a property manager that knows how to properly market the property. If they can save you a month of vacancy, that just about makes up for the 10% they charge. Add in the saved time and avoided headaches and hassles of self managing, and you'll find the cost is well worth it. 

  • Member since 2024 · 7 posts · 1 vote
    2y
    Quote from @Brandon P.:

    You can keep trying to market it by yourself, or if you are willing to pay someone to manage the property full-time or even have a property management company get you some tenants and you take it over from there, it just depends on your time and money and what you value you more. 

    Best, 

    Brandon 


     Thank you, Brandon 

    I am trying to manage it myself, but might need help from management company 

  • Member since 2024 · 7 posts · 1 vote
    2y
  • Member since 2024 · 7 posts · 1 vote
    2y

    Do you know any good property management company?

  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    2y

    @Tamy K. not a lot of curb appeal.

    Interior is bland, so is the ad language.

    Here's nearby new construction asking $2895. Can't say the pics or ad copy is better.

    Overall not a lot of rentals on the market in the area - why would be good to know!

    Logical Property Management4.9455 Reviews
  • Grace GudenkaufPro Member
    Rental Property Investor · Tucson AZ · Member since 2023 · 35 posts · 18 votes
    2y

    In my area I have a huge amount of luck with Facebook Marketplace. Plus you get to see a little bit into who they appear to be on their social media, which is also great to take into account. 

  • Member since 2024 · 7 posts · 1 vote
    2y
    Quote from @Michael Smythe:

    @Tamy K. not a lot of curb appeal.

    Interior is bland, so is the ad language.

    Here's nearby new construction asking $2895. Can't say the pics or ad copy is better.

    Overall not a lot of rentals on the market in the area - why would be good to know!


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