Get Rich Education
250: How To Raise Rents And Retain Your Tenants, Dayton
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:45:33
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Sinopsis
Tenant retention begins before move-in: Use a move-in checklist with the tenant. Move-in gift and packet. Communication. Ongoing tenant retention during occupancy: Inspections every six months. Be attentive with service calls. How to achieve a rent increase: 45 days’ notice. Use phone. Substantive reason: increase in property tax or maintenance costs. Remind tenant of moving costs. Offer an upgrade - carpet cleaning, ceiling fan, etc. 2 - 5% annual increase typical. We discuss why not every tenant is worth retaining. Dayton, OH has 1% rent-to-price ratios and an MSA population of 800,000. Also: Proximous to Cincinnati and Columbus. Health care. Military. Manufacturing. 3 Amazon fulfillment centers within 45 minutes. Learn more about the Dayton turnkey provider here. In-house property management. Use luxury vinyl plank, white kitchen cabinets, newer HVAC & water heaters. 1-year and 3-year warranties. 97% occupancy rate. Leases up to 18 months. 3/1 SFHs: Rents $750 - $1,300 | Purchase