Real Estate Investing with Coach Carson

#460: Rents Dropped 30% – Here's What Happened Next

Nov 21, 2025
What happens when rents drop by 30%? Discover the real impact on rental properties and hear about a landlord's firsthand experience with rising vacancies. Learn the importance of pricing strategies, cash reserves, and adapting quickly to market changes. Insights about college-town rentals reveal seasonal challenges, while navigating issues with tenants and property condition prove crucial. It's a candid look at maintaining standards during downturns and the persistence needed to thrive in real estate.
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ANECDOTE

Single-Family Vacancy And Price Cut

  • Chad Coach Carson had a single-family rental vacant from Aug 1 to Oct 10, totaling about 71 days.
  • He lowered rent from $1,900 to $1,595 and eventually filled it on Oct 10 after pricing adjustments.
ANECDOTE

Fourplex Unit Vacancy And Drop

  • A two-bedroom unit in his original fourplex sat vacant from Aug 1 to Sept 18 for 49 days.
  • He dropped rent from $900 to $800 to attract college-student renters and filled it before semester start.
ANECDOTE

Triplex Contrast: End Unit vs Middle Unit

  • Two units in a triplex had different outcomes: one rented for $1,000, the middle unit remained vacant.
  • Chad attributes the vacancy to the middle unit's poorer light, fewer windows, and missed pricing adjustment.
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