ilmscore | Help! My House Won’t Rent! (3 Things to Do ASAP)

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
The period around January 1st will be a tougher time to rent out an apartment.
"as you get to January 1st that's an even tougher time to rent out an apartment"
Real Estate Rentals (Seasonality)
Pending
If the property is re-leased in May after a 6 or 18-month lease, there will be more interested tenants, and the owner will be able to command the desired rent (implied $2500/month).
"the next time that you're releasing the property it's in May and you'll have a lot more people interested in the property and you'll would be able to command the rent that you were expecting when you bought this property"
Real Estate Rentals (Property Specific)
Pending
If the property is renovated over 3-4 months, it will be ready for high season, allowing the owner to achieve $2500/month rent and increasing the home's value and equity.
"by the time you're done with this renovation it might actually be the high season for renting and maybe you can get that 2500 bucks a month you were originally looking for and when you make these typs of upgrades you're not just increasing the rent potential you're probably also going to increase the value of the home as well and build more Equity"
Real Estate (Property Investment)
Pending