House not rented for 100+ days

House not rented for 100+ days

New to Real Estate · Member since 2024 · 48 posts · 28 votes

Experts/ Landlords, please let me know your thoughts.

First investment property and new to real estate as well. Long term goal is Property  Appreciation.

Brand new single family home with 3000sqft (+ additional 1200sqft unfinished basement) on a 0.25 acre lot. Closed at End of Sep2024 and listed on Zillow and other sites via Turbo Tenant.Compared the comps via Rentometer ,also offered 1000$ off for first month rent .

I hear winter is a tough time , should I take down the rental listings from Zillow and other sites and relist when it's Spring? Wht Wil happen when I relist ,will it start from zero?Please advise. ,

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Kyle MccawBusiness Member
Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
1y
Quote from @Pavan K.:
Quote from @Kyle Mccaw:

@Pavan K.

Winter is indeed tougher for rentals, but taking your listing down isn’t the solution. Instead, focus on improving your marketing and responsiveness. How many inquiries have you received? Respond within minutes to each one, as tenants often go with the first responsive option.

Ensure you have high-quality photos that make your property stand out against the competition. Compare similar listings—are they renting while yours sits vacant? If so, consider adjusting your rent or offering incentives like flexible lease terms. You also need to accommodate tenant schedules for showings.

Relisting later might reset your listing's visibility, but delaying could cost you more in lost income. Optimize now to fill the vacancy quickly.

Thank you Kyle. I made sure I followed everything you mentioned. There hasn't been much traction . I'm told the screening criteria credit score is on the higher end .But most of the listings I see are also on the same league. I do have a prescreener and it's hardly ever answered. 🤷🏼‍♂️

Credit scores can be misleading when screening tenants, as many lack the term loans (like mortgages) that drive high scores. Instead, focus on verified income and ensure applicants don’t owe previous landlords or have prior evictions. Lowering the credit score threshold slightly could widen your pool while still screening responsibly.

Also, ensure your pre-screener is clear and easy to access—unanswered inquiries suggest it may need adjustment. Consider automated systems or direct follow-ups to engage more applicants.

McCaw Property Management4.4909 Reviews
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  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y

    Bump for Visibility.

  • Property Manager · Portland, OR · Member since 2023 · 40 posts · 20 votes
    1y

    I'm not sure I understand your question. But I think this might help?

    Zillow tracks all listings for all periods. When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart). But, people will always be able to see the prior listing history under the Price History section of the listing. It will show when it was listed, at what price, and when it was delisted. I actually look at this section when I'm doing a market analysis. A property that has been on the market for months, with no price reduction, isn't a property I want to compare to. Clearly their pricing strategy isn't working for some reason. 

    If you are asking about taking it down because winter is slow... That depends on a lot of personal factors such as your finances. Can you afford to have zero possibility of a tenant for those months that you don't have it listed? Are you available to monitor the property during vacancy? (Ensure no trespassing/squatters/maintenance issues. I go to vacant properties at least weekly unless they are multi-family with active neighbors.)

    Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property. For example, I've had a couple of 3+ bedrooms sit for a longer period of time because they only had one parking space available (and no on-street options nearby). Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. That's a small pool to pull candidates from. We got a ton of leads, but the parking was the dealbreaker for almost everyone. The owners refused my advice to reduce price and they both sat vacant for months. (One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.) Are you getting leads? If not, price might be the first problem. If so, what is their feedback? Don't be afraid to ask them why they don't want to apply.

    When I'm having pricing discussions with owners I work with, I always remind them: a month of vacancy costs your bottom line more than a unit filled with a rent reduction. For example: if your rent is set at $2,400 per month. One month of vacancy has cost you $2,400. If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month. People get stuck on "this is my bottom dollar rent" and shoot themselves in the foot refusing to make adjustments. 

    I hope that covers your question(s)

  • Kyle MccawBusiness Member
    Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
    1y

    @Pavan K.

    Winter is indeed tougher for rentals, but taking your listing down isn’t the solution. Instead, focus on improving your marketing and responsiveness. How many inquiries have you received? Respond within minutes to each one, as tenants often go with the first responsive option.

    Ensure you have high-quality photos that make your property stand out against the competition. Compare similar listings—are they renting while yours sits vacant? If so, consider adjusting your rent or offering incentives like flexible lease terms. You also need to accommodate tenant schedules for showings.

    Relisting later might reset your listing's visibility, but delaying could cost you more in lost income. Optimize now to fill the vacancy quickly.

    McCaw Property Management4.4909 Reviews
  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y
    Quote from @Cari Sweet:

    I'm not sure I understand your question. But I think this might help?

    Zillow tracks all listings for all periods. When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart). But, people will always be able to see the prior listing history under the Price History section of the listing. It will show when it was listed, at what price, and when it was delisted. I actually look at this section when I'm doing a market analysis. A property that has been on the market for months, with no price reduction, isn't a property I want to compare to. Clearly their pricing strategy isn't working for some reason. 

    If you are asking about taking it down because winter is slow... That depends on a lot of personal factors such as your finances. Can you afford to have zero possibility of a tenant for those months that you don't have it listed? Are you available to monitor the property during vacancy? (Ensure no trespassing/squatters/maintenance issues. I go to vacant properties at least weekly unless they are multi-family with active neighbors.)

    Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property. For example, I've had a couple of 3+ bedrooms sit for a longer period of time because they only had one parking space available (and no on-street options nearby). Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. That's a small pool to pull candidates from. We got a ton of leads, but the parking was the dealbreaker for almost everyone. The owners refused my advice to reduce price and they both sat vacant for months. (One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.) Are you getting leads? If not, price might be the first problem. If so, what is their feedback? Don't be afraid to ask them why they don't want to apply.

    When I'm having pricing discussions with owners I work with, I always remind them: a month of vacancy costs your bottom line more than a unit filled with a rent reduction. For example: if your rent is set at $2,400 per month. One month of vacancy has cost you $2,400. If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month. People get stuck on "this is my bottom dollar rent" and shoot themselves in the foot refusing to make adjustments. 

    I hope that covers your question(s)


     Thank you Cari. I'm guessing it's the winter and the location. It's a new suburb just starting out ,there are no large single family rentals ,it's mostly townhomes that are being rented out, which falls in 2500-2700$ . I'm priced up by another 1000$ considering the size of the home. 

    I did delist the ad and relisted in approximately 4 hours , to my surprise, the days got reset . Like you said , anyone can check the history,  I do have cameras installed and I do check twice weekly, it's not too far from my primary home . 

    im a first time investor, is it ok to DM the listing to see if I'm missing something? 

  • Property Manager · Portland, OR · Member since 2023 · 40 posts · 20 votes
    1y
    Quote from @Pavan K.:
    Quote from @Cari Sweet:

    I'm not sure I understand your question. But I think this might help?

    Zillow tracks all listings for all periods. When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart). But, people will always be able to see the prior listing history under the Price History section of the listing. It will show when it was listed, at what price, and when it was delisted. I actually look at this section when I'm doing a market analysis. A property that has been on the market for months, with no price reduction, isn't a property I want to compare to. Clearly their pricing strategy isn't working for some reason. 

    If you are asking about taking it down because winter is slow... That depends on a lot of personal factors such as your finances. Can you afford to have zero possibility of a tenant for those months that you don't have it listed? Are you available to monitor the property during vacancy? (Ensure no trespassing/squatters/maintenance issues. I go to vacant properties at least weekly unless they are multi-family with active neighbors.)

    Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property. For example, I've had a couple of 3+ bedrooms sit for a longer period of time because they only had one parking space available (and no on-street options nearby). Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. That's a small pool to pull candidates from. We got a ton of leads, but the parking was the dealbreaker for almost everyone. The owners refused my advice to reduce price and they both sat vacant for months. (One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.) Are you getting leads? If not, price might be the first problem. If so, what is their feedback? Don't be afraid to ask them why they don't want to apply.

    When I'm having pricing discussions with owners I work with, I always remind them: a month of vacancy costs your bottom line more than a unit filled with a rent reduction. For example: if your rent is set at $2,400 per month. One month of vacancy has cost you $2,400. If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month. People get stuck on "this is my bottom dollar rent" and shoot themselves in the foot refusing to make adjustments. 

    I hope that covers your question(s)


     Thank you Cari. I'm guessing it's the winter and the location. It's a new suburb just starting out ,there are no large single family rentals ,it's mostly townhomes that are being rented out, which falls in 2500-2700$ . I'm priced up by another 1000$ considering the size of the home. 

    I did delist the ad and relisted in approximately 4 hours , to my surprise, the days got reset . Like you said , anyone can check the history,  I do have cameras installed and I do check twice weekly, it's not too far from my primary home . 

    im a first time investor, is it ok to DM the listing to see if I'm missing something? 

     Sure, happy to take a look and give my opinion. I agree with @Kyle Mccaw, there are a lot of marketing factors like photos that can make a big difference. 

  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y
    Quote from @Cari Sweet:
    Quote from @Pavan K.:
    Quote from @Cari Sweet:

    I'm not sure I understand your question. But I think this might help?

    Zillow tracks all listings for all periods. When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart). But, people will always be able to see the prior listing history under the Price History section of the listing. It will show when it was listed, at what price, and when it was delisted. I actually look at this section when I'm doing a market analysis. A property that has been on the market for months, with no price reduction, isn't a property I want to compare to. Clearly their pricing strategy isn't working for some reason. 

    If you are asking about taking it down because winter is slow... That depends on a lot of personal factors such as your finances. Can you afford to have zero possibility of a tenant for those months that you don't have it listed? Are you available to monitor the property during vacancy? (Ensure no trespassing/squatters/maintenance issues. I go to vacant properties at least weekly unless they are multi-family with active neighbors.)

    Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property. For example, I've had a couple of 3+ bedrooms sit for a longer period of time because they only had one parking space available (and no on-street options nearby). Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. That's a small pool to pull candidates from. We got a ton of leads, but the parking was the dealbreaker for almost everyone. The owners refused my advice to reduce price and they both sat vacant for months. (One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.) Are you getting leads? If not, price might be the first problem. If so, what is their feedback? Don't be afraid to ask them why they don't want to apply.

    When I'm having pricing discussions with owners I work with, I always remind them: a month of vacancy costs your bottom line more than a unit filled with a rent reduction. For example: if your rent is set at $2,400 per month. One month of vacancy has cost you $2,400. If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month. People get stuck on "this is my bottom dollar rent" and shoot themselves in the foot refusing to make adjustments. 

    I hope that covers your question(s)


     Thank you Cari. I'm guessing it's the winter and the location. It's a new suburb just starting out ,there are no large single family rentals ,it's mostly townhomes that are being rented out, which falls in 2500-2700$ . I'm priced up by another 1000$ considering the size of the home. 

    I did delist the ad and relisted in approximately 4 hours , to my surprise, the days got reset . Like you said , anyone can check the history,  I do have cameras installed and I do check twice weekly, it's not too far from my primary home . 

    im a first time investor, is it ok to DM the listing to see if I'm missing something? 

     Sure, happy to take a look and give my opinion. I agree with @Kyle Mccaw, there are a lot of marketing factors like photos that can make a big difference. 

    Thank you . Sent the request.
    My bad ,I included the listing in the connection request 🤦‍♂️.
  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y
    Quote from @Kyle Mccaw:

    @Pavan K.

    Winter is indeed tougher for rentals, but taking your listing down isn’t the solution. Instead, focus on improving your marketing and responsiveness. How many inquiries have you received? Respond within minutes to each one, as tenants often go with the first responsive option.

    Ensure you have high-quality photos that make your property stand out against the competition. Compare similar listings—are they renting while yours sits vacant? If so, consider adjusting your rent or offering incentives like flexible lease terms. You also need to accommodate tenant schedules for showings.

    Relisting later might reset your listing's visibility, but delaying could cost you more in lost income. Optimize now to fill the vacancy quickly.

    Thank you Kyle. I made sure I followed everything you mentioned. There hasn't been much traction . I'm told the screening criteria credit score is on the higher end .But most of the listings I see are also on the same league. I do have a prescreener and it's hardly ever answered. 🤷🏼‍♂️
  • Kyle MccawBusiness Member
    Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
    1y
    Quote from @Pavan K.:
    Quote from @Kyle Mccaw:

    @Pavan K.

    Winter is indeed tougher for rentals, but taking your listing down isn’t the solution. Instead, focus on improving your marketing and responsiveness. How many inquiries have you received? Respond within minutes to each one, as tenants often go with the first responsive option.

    Ensure you have high-quality photos that make your property stand out against the competition. Compare similar listings—are they renting while yours sits vacant? If so, consider adjusting your rent or offering incentives like flexible lease terms. You also need to accommodate tenant schedules for showings.

    Relisting later might reset your listing's visibility, but delaying could cost you more in lost income. Optimize now to fill the vacancy quickly.

    Thank you Kyle. I made sure I followed everything you mentioned. There hasn't been much traction . I'm told the screening criteria credit score is on the higher end .But most of the listings I see are also on the same league. I do have a prescreener and it's hardly ever answered. 🤷🏼‍♂️

    Credit scores can be misleading when screening tenants, as many lack the term loans (like mortgages) that drive high scores. Instead, focus on verified income and ensure applicants don’t owe previous landlords or have prior evictions. Lowering the credit score threshold slightly could widen your pool while still screening responsibly.

    Also, ensure your pre-screener is clear and easy to access—unanswered inquiries suggest it may need adjustment. Consider automated systems or direct follow-ups to engage more applicants.

    McCaw Property Management4.4909 Reviews
  • Dan H.Pro Member
    Investor · Poway, CA · Member since 2015 · 7k+ posts · 8k+ votes
    1y
    Quote from @Pavan K.:
    Quote from @Cari Sweet:

    I'm not sure I understand your question. But I think this might help?

    Zillow tracks all listings for all periods. When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart). But, people will always be able to see the prior listing history under the Price History section of the listing. It will show when it was listed, at what price, and when it was delisted. I actually look at this section when I'm doing a market analysis. A property that has been on the market for months, with no price reduction, isn't a property I want to compare to. Clearly their pricing strategy isn't working for some reason. 

    If you are asking about taking it down because winter is slow... That depends on a lot of personal factors such as your finances. Can you afford to have zero possibility of a tenant for those months that you don't have it listed? Are you available to monitor the property during vacancy? (Ensure no trespassing/squatters/maintenance issues. I go to vacant properties at least weekly unless they are multi-family with active neighbors.)

    Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property. For example, I've had a couple of 3+ bedrooms sit for a longer period of time because they only had one parking space available (and no on-street options nearby). Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. That's a small pool to pull candidates from. We got a ton of leads, but the parking was the dealbreaker for almost everyone. The owners refused my advice to reduce price and they both sat vacant for months. (One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.) Are you getting leads? If not, price might be the first problem. If so, what is their feedback? Don't be afraid to ask them why they don't want to apply.

    When I'm having pricing discussions with owners I work with, I always remind them: a month of vacancy costs your bottom line more than a unit filled with a rent reduction. For example: if your rent is set at $2,400 per month. One month of vacancy has cost you $2,400. If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month. People get stuck on "this is my bottom dollar rent" and shoot themselves in the foot refusing to make adjustments. 

    I hope that covers your question(s)


     Thank you Cari. I'm guessing it's the winter and the location. It's a new suburb just starting out ,there are no large single family rentals ,it's mostly townhomes that are being rented out, which falls in 2500-2700$ . I'm priced up by another 1000$ considering the size of the home. 

    I did delist the ad and relisted in approximately 4 hours , to my surprise, the days got reset . Like you said , anyone can check the history,  I do have cameras installed and I do check twice weekly, it's not too far from my primary home . 

    im a first time investor, is it ok to DM the listing to see if I'm missing something? 


     In most markets it is not a linear price increase.  By this I mean much larger home do not rent for significantly more than the smaller home in that area. 

    Note 100+ days ago was late September.  This means winter is not your only issue.  You failed to rent it in October before the holiday season. 

    I am confident price is your issue especially if you are deriving the price off a poor comp (smaller unit, etc) and then applying arbitrary adjustments.  

    You may want to bring in a professional to get this rented.  They should be able to provide a market rent range.  Note with over 3 months of vacancy, a professional that placed a tenant in one month would have saved you money.  

    Good luck 

  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y
    Quote from @Dan H.:
    Quote from @Pavan K.:
    Quote from @Cari Sweet:

    I'm not sure I understand your question. But I think this might help?

    Zillow tracks all listings for all periods. When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart). But, people will always be able to see the prior listing history under the Price History section of the listing. It will show when it was listed, at what price, and when it was delisted. I actually look at this section when I'm doing a market analysis. A property that has been on the market for months, with no price reduction, isn't a property I want to compare to. Clearly their pricing strategy isn't working for some reason. 

    If you are asking about taking it down because winter is slow... That depends on a lot of personal factors such as your finances. Can you afford to have zero possibility of a tenant for those months that you don't have it listed? Are you available to monitor the property during vacancy? (Ensure no trespassing/squatters/maintenance issues. I go to vacant properties at least weekly unless they are multi-family with active neighbors.)

    Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property. For example, I've had a couple of 3+ bedrooms sit for a longer period of time because they only had one parking space available (and no on-street options nearby). Almost nobody that wants a 3-bedroom has only one car, except the occasional single parent with small children, or solo professional that wants a home office and guest bedroom. That's a small pool to pull candidates from. We got a ton of leads, but the parking was the dealbreaker for almost everyone. The owners refused my advice to reduce price and they both sat vacant for months. (One went with another manager eventually, and the property is listed for $400/month less than we listed it, and the other finally got rented to a solo professional.) Are you getting leads? If not, price might be the first problem. If so, what is their feedback? Don't be afraid to ask them why they don't want to apply.

    When I'm having pricing discussions with owners I work with, I always remind them: a month of vacancy costs your bottom line more than a unit filled with a rent reduction. For example: if your rent is set at $2,400 per month. One month of vacancy has cost you $2,400. If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month. People get stuck on "this is my bottom dollar rent" and shoot themselves in the foot refusing to make adjustments. 

    I hope that covers your question(s)


     Thank you Cari. I'm guessing it's the winter and the location. It's a new suburb just starting out ,there are no large single family rentals ,it's mostly townhomes that are being rented out, which falls in 2500-2700$ . I'm priced up by another 1000$ considering the size of the home. 

    I did delist the ad and relisted in approximately 4 hours , to my surprise, the days got reset . Like you said , anyone can check the history,  I do have cameras installed and I do check twice weekly, it's not too far from my primary home . 

    im a first time investor, is it ok to DM the listing to see if I'm missing something? 


     In most markets it is not a linear price increase.  By this I mean much larger home do not rent for significantly more than the smaller home in that area. 

    Note 100+ days ago was late September.  This means winter is not your only issue.  You failed to rent it in October before the holiday season. 

    I am confident price is your issue especially if you are deriving the price off a poor comp (smaller unit, etc) and then applying arbitrary adjustments.  

    You may want to bring in a professional to get this rented.  They should be able to provide a market rent range.  Note with over 3 months of vacancy, a professional that placed a tenant in one month would have saved you money.  

    Good luck 

     Closing of the house was in late September. Probably we should have considered this( closing timeframe). at the time of purchase and looked at properties that would complete before the school season starts. 

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    1y

    I looked at the market and see there's a large selection of 4bed/2bath homes in your price range. It may help to lower your price during the slow winter months for a six-month lease, then bump the rate up in the summer when demand is higher.

    Zillow will tell you how long each listing has been on the market. It looks like most of them have been listed for 2-3 months, so you aren't unique.

    Another consideration is your distance from the city. 

    The DIY Landlord Book4.7247 Reviews
  • Property Manager · Nashville, TN · Member since 2025 · 66 posts · 35 votes
    1y

    Since your goal is appreciation, keeping it vacant for months just to wait for spring may not be the best move. Here’s what to consider:

    ✔ Adjust pricing and incentives – If it’s sitting too long, consider a small rent reduction, flexible lease terms, or a move-in incentive instead of delisting.
    ✔ Keeping it listed = More Exposure – Removing and relisting resets listing views on some platforms but may not improve visibility. Keeping it up allows more potential tenants to find it over time.
    ✔ Consider a Shorter Lease – Offering a 6 month or 18 month month lease can align the renewal with the peak spring/summer rental season.
    ✔ Hire a Professional Property Manager – An experienced property manager can market the listing more effectively, screen tenants, and minimize vacancy, which is especially useful for a new investor.
    ✔ Invest in Professional Photos – High-quality photos and a well-written listing can significantly improve interest, especially in a slower rental season.
    ✔ Ensure All Basic Maintenance Issues Are Addressed – A rental sitting on the market is a great time to check for leaks, HVAC performance, paint touch-ups, and deep cleaning to make sure it’s move-in ready.

  • Corby GoadeBusiness Member
    Investor · Boise, ID · Member since 2014 · 3k+ posts · 3k+ votes
    1y

    Just hire a professional PM. They'll have a network of tenants, professional marketing and they know pricing better than a self manager will. 

    I'd imagine you've already lost at least two years worth of management fees in carrying costs alone. You are'nt saving money (or time or avoiding stress) by self managing. 

    • Chris SeveneyBusiness Member
      Moderator
      Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
      1y

      @Corby Goade I agree: paying a month for a professional pm to find someone to me is worth not only the time and effort but the cost. They also may be working with clients who they can refer who they normally would not 

      7e investments53 Reviews
  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    1y

    @Pavan K. how many times have you lowered your price?

    Logical Property Management4.9455 Reviews
  • International · Member since 2023 · 120 posts · 20 votes
    1y

    Sometimes it has absolutely nothing to do with whether or not you hire a PM for this or not, sometimes this has to do with the property itself, the neighbors, or the location. The property can be unappealing in some way shape or form, old, derogated, who knows maybe there was a murder there several years ago and people can look up that information online? Do your due diligence.

    furthermore, are there any burnout houses close by, is it in a safe neighborhood, is this in a rural area, is it a metropolitan area, what's the economy like there, just because other places nearby are renting doesn't mean that your house one block over is not next to something that is uninhabitable, or poses a security risk, or maybe near an abandoned field, a graveyard, an airport, many different factors there to consider. 

    last thing I would consider for this type of situation would be how are the neighbors? Sometimes people don't want to live next to people that have a bunch of garbage in their front yard, that are loud and obnoxious, that are creepy and weird, or maybe who knows maybe the house next-door or on the same block had a murder or a shooting happen at it and it is a well-known thing that people can look up. 

    regardless, I think that due diligence goes into affect here pretty well. Even if you end up paying a PM for the service to place a tenant, there's no guarantee that they will last long if these other parameters of due diligence are not met. Find out what the issue is and go from there. Maybe consider getting a p.m. company that would do some boots on the ground and some research for you to find out what some of these issues could be because you are not close to the residence in the location, unless you can do some research yourself online, or consult with the historical Society of the area, look things up at the library, there are lots of different ways that you could start this process, but my point being that you may end up losing more money in the long run. It could be that you just need to sell this property as it is not actually an investment, but something that is causing you to lose money by not obtaining occupancy, and certainly not getting any type of appreciation, equity, or ROI.

  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y

    Thank you for all your inputs. This is a large single family new construction house(3000sqft+ 1200sqft basement unfinished). 

    I was able to rent it out from next month. I would blame it on the season , winter is brutal here and no one would be willing to make a move.  As the season gets better , there is more interest. 

  • Adam BartomeoBusiness Member
    Real Estate Broker · Cape Coral, FL · Member since 2015 · 2k+ posts · 1k+ votes
    1y

    Why would you ever consider taking a listing down when it’s not renting? You are losing thousands of dollars a month in potential rents and actual expenses. Vacancy is the biggest killer of profitable rentals.You’ll never be able to get it rented if it’s not listed. It is better to lower the price and shift the lease ending date late spring.

  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y
    Quote from @Adam Bartomeo:

    Why would you ever consider taking a listing down when it’s not renting? You are losing thousands of dollars a month in potential rents and actual expenses. Vacancy is the biggest killer of profitable rentals.You’ll never be able to get it rented if it’s not listed. It is better to lower the price and shift the lease ending date late spring.


     Umm!! Not sure what you meant. The listing is down because it's rented. I have got the security deposit as well .

  • Adam BartomeoBusiness Member
    Real Estate Broker · Cape Coral, FL · Member since 2015 · 2k+ posts · 1k+ votes
    1y
    Quote from @Pavan K.:
    Quote from @Adam Bartomeo:

    Why would you ever consider taking a listing down when it’s not renting? You are losing thousands of dollars a month in potential rents and actual expenses. Vacancy is the biggest killer of profitable rentals.You’ll never be able to get it rented if it’s not listed. It is better to lower the price and shift the lease ending date late spring.


     Umm!! Not sure what you meant. The listing is down because it's rented. I have got the security deposit as well .

    Please see your post… It says nothing about being rented and asked if you should take down the listing.
  • New to Real Estate · Member since 2024 · 48 posts · 28 votes
    1y
    Quote from @Adam Bartomeo:
    Quote from @Pavan K.:
    Quote from @Adam Bartomeo:

    Why would you ever consider taking a listing down when it’s not renting? You are losing thousands of dollars a month in potential rents and actual expenses. Vacancy is the biggest killer of profitable rentals.You’ll never be able to get it rented if it’s not listed. It is better to lower the price and shift the lease ending date late spring.


     Umm!! Not sure what you meant. The listing is down because it's rented. I have got the security deposit as well .

    Please see your post… It says nothing about being rented and asked if you should take down the listing.
    Gotcha!!

     The latest comments have the updates . Thank you for your inputs though. 
  • Property Manager · Nashville, TN · Member since 2025 · 66 posts · 35 votes
    1y

    Congrats on renting out your property!

  • Property Manager · Northern Virginia & DC · Member since 2020 · 157 posts · 69 votes
    1y

    Can be a function of a few things

    1. what's the rental demand?

    2. what's your asking price?

    3. how well have you marketed the property?

    4. have you consulted with property managers?

    What data have you ran to support your rental rate and what are the average DOM for around the same time last year? What's the current inventory in your market and are you competitive? 

  • Property Manager · Charlotte, NC · Member since 2025 · 18 posts · 7 votes
    1y

    Have you spoke with a property management company?  It may be worthwhile to speak and find out more information.  While you have to spend money on management fees, it will accomplish your goal of your property appreciating.  A good company can do a market analysis to see what is the rental rates are for that particular area, do evaluation to see what repairs are needed, take the right pictures for marketing, have multiple ways of posting your property and finally getting the right tenants so you have a piece of mind.

  • Property Manager · Eastern Region, US · Member since 2023 · 39 posts · 16 votes
    1y
    Quote from @Pavan K.:

    Experts/ Landlords, please let me know your thoughts.

    First investment property and new to real estate as well. Long term goal is Property  Appreciation.

    Brand new single family home with 3000sqft (+ additional 1200sqft unfinished basement) on a 0.25 acre lot. Closed at End of Sep2024 and listed on Zillow and other sites via Turbo Tenant.Compared the comps via Rentometer ,also offered 1000$ off for first month rent .

    I hear winter is a tough time , should I take down the rental listings from Zillow and other sites and relist when it's Spring? Wht Wil happen when I relist ,will it start from zero?Please advise. ,


     You may be making the classic owner mistake of listing at spring prices while you wait on spring. The warm months are now approaching but, for the future, I'd suggest coming in aggressively low during winter months and looking for an 18 month lease to start - that way you'll renew in a better pricing period and see some income while you wait rather than spending three months with none. I don't know your whole situation so this is a best guess. 

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