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Drew DeMasters
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Free Apartment Marketing Tool For Real Estate Investors
When you are advertising your apartment vacancies or rental property for lease – some time you have have to go the extra mile to make sure that a potential tenant chooses your property to rent over the next guy. One of my favorite apartment marketing tools is available to download. Here a FREE copy of …
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Rents Just Keep Rising – Invest In Rentals
About a year ago I read a CNN Money article about the latest signs that rents continue to climb while home price remain stagnate in certain metro areas. CNN Money article: http://cnnmon.ie/HkhXyT My take? Great Time To Invest In Rentals What a great time to be a landlord these past few years. I mean even in …
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Landlording & Rental Property Move-Out Reminder Form
On a recent trip back home to Missouri, I got to see my latest triplex purchase. And most importantly, I was able to meet and visit with each of the residents living there. I learned that one resident plans to move out in a few months and also that we have a feral cat problem. …
Landlording & Rental Property Move-Out Reminder Form Read More »
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3 Lessons For Landlords And Property Owners
Lesson #1: Give your customers what is most important to them. No more and no less. Why no more? Because if it’s not important to them, it won’t matter anyway. And it won’t help keep your residents longer. If you are meeting their 2 or 3 biggest needs, that can be enough to set you …
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In The Right Place At The Right Time
Are you in the right place at the right time? To show prospects your apartments? To respond to maintenance needs? To motivate tenants to renew their lease or upgrade to a newer, nicer unit? Much of what we do in life and in business depends on where and when. Looking for a job. Asking for …
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When What Used to Work Doesn’t Anymore
Have you have ever had too many qualified applicants for your rental properties? So many you had to turn them away and even stop advertising? I mean what a happy problem, right? A landlord’s dream. If this has ever happened to you, you probably wish for the good ol’ days to return. More often we …
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Gone But Not Forgotten
According to a 2009 NAHB Multifamily Preferences survey, the top three reasons why tenants move are for – Better quality place Single-family unit Better location But what if you could offer your tenant a different property across town that is a single-family home with better amenities and closer to work? Give them a free moving …
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The American Dream Redefined
A recent survey found that more than a quarter of Americans currently renting houses and apartments have no intention to ever buy a home. The survey, by real estate search site Trulia.com, found 27 percent of renters do not plan to ever buy a home. Although 72 percent still expect to buy eventually, that proportion …
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Is Turnover Killing Your Profits?
You probably agree almost nothing is worse than having an empty rental property. Two kinds of costs can hit hard: real costs (like utilities, taxes, maintenance, and cleaning) and opportunity costs (like lost rental income and a higher risk of crime). In this business, we call it the “vacancy rate”. But that’s kind of an …
