Invested in a rental property 4bd 2ba for 300k in bastrop TX and having a hard time renting. Property is brand new and a couple of miles from spaceX. Any suggestions? I am not local. Also if you know any good property mgt companies would appreciate it.

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Is this the first time you’re listing it for rent? Or did you just have a tenant turnover?

I know nothing about bastrop TX but this sounds like something that you should have figured out before you closed on the property.

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It’s alright folks! I was just asking if someone had experience in that area— if not, I will figure it out. Thanks for the encouragement though

Interesting predicament you find yourself in… what was the driving force behind the purchase?… curious why you would enter a market that you have no experience in…

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It took me 2 months to find a renter for my rental property in Tampa right next to a large college. In Bastrop, you only have spacex employees to rent to.

Bingo. Feels like there isn’t much demand for a rental in this market. I bet a lot of spacex employees also can afford to buy, which further depletes the demand for rent.

Thanks. This is helpful. We have been on the market for only 10 days. At bastrop we have spacex, southwest, starlink, and its 40 mins from downtown Austin so the tech crowd from there. I guess it will take time

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