All of our properties are rented!
Last Saturday was our busy, busy day where we had four people all fighting to apply first. In slow-motion.
On Monday everyone passed background and credit checks.
Monday evening I signed the first rental agreement, and Tuesday evening I signed the second one. This week I hustled to finish everything. Both wanted to pick up keys last night, so we did that, and they started moving in. Yesterday was chaotic! I hired a cleaning lady AND a handyman to help. I found out that the dishwasher I was hooking up was actually broken* and J arranged for a lady to deliver one. So I installed TWO dishwashers yesterday. I'm getting better at that. Last night J and I were there re-installing the dishwasher, re-gluing linoleum, and drying out carpet until 10pm. Each unit has a couple more things to do, but nothing too urgent.
In order to rent the fourplex we posted (and re-posted) ads on KSL, Craigslist, Rental.com, and "Over 20 other sites!" (through Rental.com). We also put a FOR RENT sign in the yard.
- Our first applicant was someone who had noticed people moving and asked my other renters for my phone number.
- Throughout the vacancies, I had many calls and showings that resulted from KSL and the sign out front. People who called about the KSL ads were almost always calling about the unit I put fake wood floor in. Even though the ad had pictures that represented the apartment well, the people almost always ended up deciding they preferred carpet. (I think this was because the unit with carpet was closer to being done.)
- Of the two accepted applications, one was from people who drove the neighborhood looking for a place, and the other was from KSL.
- Rental.com has neat tracking stuff to tell me how many leads have been generated. They assigned me a toll-free number that interested parties could call. They claim one person called. If someone did, it did not result in anything.
- I also received two e-mails about the Rental.com ad. Neither were serious. The first was from someone with an obscene name, who also listed an obscene e-mail address. I don't know if they were real or not, but I didn't call him back to find out.
- NOBODY called or visited as a result of Craigslist.
- NOBODY called or visited as a result of the "Over 20 other sites!".
- Lowering the deposit seemed to make a big difference in the quality of the people that were interested. So did lowering the price.
Today is a lot less stressful. Things are feeling better. They will feel even better when I get our house clean!
*I found this out by, you know, flooding the whole kitchen.