I have a 3 bedroom duplex for rent. The problem is I am having a hard time finding someone who is able to afford it. Its $1500.00 per month with all utilities included, also, cable and wirless internet. It has 2 full baths, washer/dryer, frig, microwave, private parking, yard, walk in closets and walk in attic for storage. Its located in a very quiet country setting. Do you think im asking to much? What advise can you give me. Thanks
2007-10-15 04:55:15 · 5 answers · asked by M v 4 in Business & Finance ➔ Renting & Real Estate
Location: Harleysville, Pennsylvania
2007-10-15 05:10:52 · update #1
find real estate in your area that is comparable to yours and see how much they are charging....it all depends on the area you are in...where i live its normal to charge $1200 for a two bedroom one bath trailor...but that is because the pay is higher so the cost of living went up also...that is one bad thing about having the oil fields in your backyard...i have no clue where this place is, so another suggestion would be talk to your local real estate agents....that is how we rent our houses out...they manage them and get a ten percent cut....you don't have to worry about late payments because they want their money just as much as you do...they will come out and take a look at the place and pretty much appraise it for how much you can rent it out...and when you go through the real estate agency they will list it with their company also and in the paper....hope this helps....good luck!!!
2007-10-15 05:08:08 · answer #1 · answered by buschchick 4 · 0⤊ 0⤋
I have a 3 bedroom 2 bath duplex with huge yards and no utilities paid but water..........in CA
We get $995.00 mo
We're not by a big city or near the bay area or southern ca or we could get twice that. We are just a hair over what section 8 would allow on a 3 bedroom.
You may just be too high.
2007-10-15 13:09:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It is likely that it's too much. Price wise, it competes with single family homes for rent and competes with owning your own home.
Find out what comparables rent for and make sure that you aren't priced out of your market.
You have to remember that higher end rentals will take longer to find the right tenant.
Good luck!
2007-10-15 13:20:04 · answer #3 · answered by Rush is a band 7 · 0⤊ 0⤋
Split it up into a 2 bedroom, and a 1 bedroom if possible. If not, then I have no idea what to tell you. Oh yes and that is WAY too much! I pay less than that on a mortgage for a 3 bedroom home!!!!!!!!!!!
2007-10-15 12:08:07 · answer #4 · answered by ☆ღWifey Wifeyღ☆ 5 · 0⤊ 1⤋
Where is the property located?
2007-10-15 12:04:26 · answer #5 · answered by Slappy 4 · 0⤊ 0⤋