Why You’re Struggling to Fill Your Rental Units

Why You're Struggling to Fill Your Rental Units

You have done your preparation. You have a great location, and a beautiful, clean unit. Repairs have been made, and you’re all ready. Except…You’re Struggling to Fill Your Rental Units. Why are you struggling to fill your rental units, and keep them filled?

Why You’re Struggling to Fill Your Rental Units: You’re Charging Too Much

Your potential renters are comparison shopping, and so should you if you want to be priced correctly. It’s important to know what the market is like in your specific area. You might know about all of your amenities, and that you’re a responsive property manager, but you have to also get people in the door. Even if your property is magnificent, if it’s not in a hot rental market, or not being listed correctly with similar properties, renters will not come to look.

You Aren’t Marketing Properly

Your rental is a business, and to get it inhabited, you need to think like the business person that you are. Your rentals need to be listed properly to be appealing. Likewise, your business, including how you manage the property, wants to have good reviews. Word-of-mouth matters immensely, and renters want to know that you’re responsive as well as responsible. Reviews are an important part of rental management because many renters will pay more for well-reviewed units.

Why You’re Struggling to Fill Your Rental Units: Neighbors

If you’re interviewing and finding plenty of folks to view your listing, but not getting any luck in finding renters, there might be another issue at play. Look to units nearby that are listed. Are they particularly noisy? Is there any marker that’s turning off potential renters, like trash everywhere or damage to doors or windows in houses nearby? For renters, who intend to stay in a unit as long as possible, a neighborhood matters. They want to know they will be safe and can live in relative amounts of peace. Their children need to be able to safely play. You cannot control all aspects, especially if your rental is one of many in an area. But, whatever aspects are causing the complication, you can attempt to mitigate.

No matter how great you are as a property manager or landlord, there are factors that can change your unit’s rentability factor. Doing your best to work with other landlords to promote a safe, healthy community helps your bottom line! Market well, and make sure you know pricing in your area. Doing these things will help you to succeed.

If you’re looking for more properties to rent out, take a look at our listings!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



$750,000
Commercial For Sale
Active
0.4677
ACRES
LEE
COUNTY
1517 N Tamiami Trl
North Fort Myers, FL 33903
 
New Listing - 3 weeks online
$240,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,413
SQFT
1355 Torreya Cir
North Fort Myers, FL 33917
Foxmoor Subdivision
$54,900
Land For Sale
Pending With Contingencies
0.344
ACRES
LEE
COUNTY
2043 NE 5th Ter
Cape Coral, FL 33909
Cape Coral Subdivision
New Listing - a week online
$33,800
Land For Sale
Active
0.37
ACRES
LEE
COUNTY
4400 Ruthann Ct
North Fort Myers, FL 33917
Walsh Subdivision Subdivision
$155,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,348
SQFT
8145 Ebson Dr
North Fort Myers, FL 33917
Suncoast Estates Unrec Subdivision
New Listing - a week online
$39,900
Land For Sale
Pending With Contingencies
0.23
ACRES
LEE
COUNTY
126 NE 4th St
Cape Coral, FL 33909
Cape Coral Subdivision
New Listing - a week online
$34,000
Land For Sale
Active
0.232
ACRES
LEE
COUNTY
3820 NE 17th Ave
Cape Coral, FL 33909
Cape Coral Subdivision
$29,900
Land For Sale
Pending With Contingencies
0.241
ACRES
LEE
COUNTY
3810 NE 8th Pl
Cape Coral, FL 33909
Cape Coral Subdivision
New Listing - a week online
$49,900
Land For Sale
Pending
0.252
ACRES
LEE
COUNTY
427 SW 18th Ct
Cape Coral, FL 33991
Cape Coral Subdivision
New Listing - 3 weeks online
$599,900
Single Family Home For Sale
Pending With Contingencies
4
BEDS
4
TOTAL BATHS
2,597
SQFT
11594 Royal Tee Cir
Cape Coral, FL 33991
Cape Royal Subdivision
New Listing - 4 weeks online
$18,900
Land For Sale
Pending
0.267
ACRES
LEE
COUNTY
1407 Alan Ave S
Lehigh Acres, FL 33976
Lehigh Acres Subdivision
New Listing - a week online
$19,900
Land For Sale
Pending With Contingencies
0.242
ACRES
LEE
COUNTY
3512 25th St SW
Lehigh Acres, FL 33976
Lehigh Acres Subdivision
New Listing - a week online
$19,900
Land For Sale
Pending With Contingencies
0.25
ACRES
LEE
COUNTY
3510 25th St SW
Lehigh Acres, FL 33976
Lehigh Acres Subdivision
Price Change - a week ago
$10,900
Land For Sale
Pending With Contingencies
0.25
ACRES
LEE
COUNTY
2814 58th St W
Lehigh Acres, FL 33971
Lehigh Acres Subdivision
New Listing - a week online
$10,900
Land For Sale
Active
0.25
ACRES
LEE
COUNTY
2914 72nd St W
Lehigh Acres, FL 33971
Lehigh Acres Subdivision
New Listing - an hour online
$319,990
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,398
SQFT
501 W 7th St
Lehigh Acres, FL 33972
Lehigh Acres Subdivision
$224,900
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,686
SQFT
103 Jayside Ln
Lehigh Acres, FL 33936
Sable Springs Subdivision
$285,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,650
SQFT
117 Columbus Ave
Lehigh Acres, FL 33936
Lehigh Acres Subdivision
$33,999
Land For Sale
Active
0.8316
ACRES
LEE
COUNTY
Corner Lot
Lehigh Acres, FL 33974
Lehigh Acres Subdivision
New Listing - a week online
$254,990
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,442
SQFT
1221 Decature St E
Lehigh Acres, FL 33974
Lehigh Acres Subdivision

Leave a Reply