u/LazyyCanuck

Landlord seeking advice: 3 lease signing walk-outs in 1 week — should I hire placement company?

I am trying to rent out my 2-bed townhouse in Pickering. Listed at $2,600/month(similar unit got leased for 2650 in April, other similar units are listed between 2650 to 2850). Got 40 viewings in a week, 3 serious applicants, but all 3 walked away after the lease was sent (claimed they found better deals).

Lost all of May to vacancy. Now torn between:

  1. Lowering to $2,400/month to fill NOW

  2. Waiting for July 1 at $2,500/month

  3. Hiring a placement company or realtor ($1,250+)

Is this a market thing or am I missing something? Has anyone been through this?

Thanks!

reddit.com
u/LazyyCanuck — 2 days ago

contractor is planning to put cement and tiles on this. Is that good enough? Or does it need waterproofing? Pros and cons of doing it.

u/LazyyCanuck — 14 days ago