180 to 1 final tally.
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180 to 1 final tally. (by NE [PA]) Nov 24, 2018 4:33 PM
       180 to 1 final tally. (by NE [PA]) Nov 24, 2018 4:57 PM
       180 to 1 final tally. (by Smokowna [MD]) Nov 24, 2018 5:03 PM
       180 to 1 final tally. (by WMH [NC]) Nov 24, 2018 5:06 PM
       180 to 1 final tally. (by Elena [PA]) Nov 24, 2018 5:09 PM
       180 to 1 final tally. (by JB [OR]) Nov 24, 2018 5:48 PM
       180 to 1 final tally. (by AllyM [NJ]) Nov 24, 2018 6:39 PM
       180 to 1 final tally. (by BRAD 20,000 [IN]) Nov 24, 2018 6:49 PM
       180 to 1 final tally. (by NE [PA]) Nov 24, 2018 7:03 PM
       180 to 1 final tally. (by Ken [NY]) Nov 24, 2018 7:04 PM
       180 to 1 final tally. (by BRAD 20,000 [IN]) Nov 24, 2018 9:23 PM
       180 to 1 final tally. (by Oregon Woodsmoke [ID]) Nov 24, 2018 10:06 PM
       180 to 1 final tally. (by LisaFL [FL]) Nov 25, 2018 4:53 AM
       180 to 1 final tally. (by Jeffrey [VA]) Nov 25, 2018 5:01 AM
       180 to 1 final tally. (by NE [PA]) Nov 25, 2018 5:14 AM
       180 to 1 final tally. (by Jeffrey [VA]) Nov 25, 2018 5:23 AM
       180 to 1 final tally. (by GKARL [PA]) Nov 25, 2018 5:27 AM
       180 to 1 final tally. (by Oregon Woodsmoke [ID]) Nov 25, 2018 7:51 AM
       180 to 1 final tally. (by Jeffrey [VA]) Nov 25, 2018 10:19 AM
       180 to 1 final tally. (by Sisco [MO]) Nov 25, 2018 11:16 AM
       180 to 1 final tally. (by GKARL [PA]) Nov 25, 2018 3:05 PM
       180 to 1 final tally. (by WMH [NC]) Nov 25, 2018 3:14 PM
       180 to 1 final tally. (by JB [OR]) Nov 25, 2018 3:53 PM
       180 to 1 final tally. (by NE [PA]) Nov 25, 2018 4:16 PM
       180 to 1 final tally. (by GKARL [PA]) Nov 25, 2018 5:34 PM
       180 to 1 final tally. (by razorback_tim [AR]) Nov 25, 2018 6:08 PM
       180 to 1 final tally. (by Jeffrey [VA]) Nov 25, 2018 6:19 PM
       180 to 1 final tally. (by Jasper [OH]) Nov 25, 2018 6:22 PM
       180 to 1 final tally. (by Smokowna [MD]) Nov 25, 2018 6:27 PM
       180 to 1 final tally. (by Jeffrey [VA]) Nov 25, 2018 6:40 PM
       180 to 1 final tally. (by S i d [MO]) Nov 26, 2018 5:32 AM
       180 to 1 final tally. (by Chris [CT]) Nov 26, 2018 12:51 PM
       180 to 1 final tally. (by Pmh [TX]) Nov 26, 2018 2:05 PM
       180 to 1 final tally. (by Small potatoes [NY]) Nov 26, 2018 2:50 PM
       180 to 1 final tally. (by Small potatoes [NY]) Nov 26, 2018 3:05 PM
       180 to 1 final tally. (by NE [PA]) Nov 26, 2018 3:35 PM
       180 to 1 final tally. (by Robin [WI]) Nov 26, 2018 3:52 PM
       180 to 1 final tally. (by NE [PA]) Nov 26, 2018 4:43 PM
       180 to 1 final tally. (by Laura [MD]) Nov 26, 2018 4:55 PM
       180 to 1 final tally. (by Honey [LA]) Nov 26, 2018 5:28 PM
       180 to 1 final tally. (by NE [PA]) Nov 26, 2018 5:32 PM
       180 to 1 final tally. (by NE [PA]) Nov 26, 2018 5:46 PM
       180 to 1 final tally. (by Honey [LA]) Nov 26, 2018 6:18 PM
       180 to 1 final tally. (by Aimee [OH]) Dec 17, 2018 12:05 PM
       180 to 1 final tally. (by Cjo’h [CT]) Dec 21, 2018 9:47 PM
       180 to 1 final tally. (by Cjo’h [CT]) Dec 21, 2018 10:00 PM
       180 to 1 final tally. (by Cjo’h [CT]) Dec 22, 2018 9:14 AM

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180 to 1 final tally. (by NE [PA]) Posted on: Nov 24, 2018 4:33 PM
Message:

Just rented this beast. 111 days on the market, including pre-advertising before vacant a month. 32 people made it through pre-screen to showings.

This unit ran the gamut of advertising that I could give it. It was previously rented for $619. Average competition rentals were much higher. I started the pre advertising at $675, the unit in the back of the same building is slightly larger and an little better layout and rented for $675.

I dropped the price a few times and it finally went at $575 with a $99 move in special. Roughly $1,800 in rent lost. Advertised on every website possible. Referrals offered to existing tenants, sign in the yard (which I have not had to do in years!) and ads in the local paper. No advertising rock left unturned (that I could think of).

The $99 special started about a week and a half to 2 weeks ago. 2 recent listings have that on them from the get go.

--50.32.xxx.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 24, 2018 4:57 PM
Message:

I should add that this particular unit actually caused me to reevaluate and lower my minimum screening requirements about a week ago.

The new tenants met the old requirements, but I should speed up a little in the future. --50.32.xxx.xxx




180 to 1 final tally. (by Smokowna [MD]) Posted on: Nov 24, 2018 5:03 PM
Message:

I love reviewing the numbers. Thanks for sharing that info --108.51.xxx.xxx




180 to 1 final tally. (by WMH [NC]) Posted on: Nov 24, 2018 5:06 PM
Message:

Thanks for your update. --50.82.xxx.xx




180 to 1 final tally. (by Elena [PA]) Posted on: Nov 24, 2018 5:09 PM
Message:

Also love looking at the numbers. Thanks for this nice update. Congratulations! Right in time for the holidays! --141.158.xx.xxx




180 to 1 final tally. (by JB [OR]) Posted on: Nov 24, 2018 5:48 PM
Message:

We had been spoiled over the past few years: high rents, lots of interest, being able to pick from the best of the bunch.

We are in a new reality now. Or maybe the good times we have just seen over the past few years are over for many of us and things are getting back to normal again.

It is hard to stomach. We had six of 15 units come available just this year. Each one being harder to re-rent than the one before.

I don't like where this is going. We may be in for years of harder times ahead. And all this with employment numbers at record lows. What happens when we slow down and hit another recession? How much worse is this going to get? --24.20.xxx.xxx




180 to 1 final tally. (by AllyM [NJ]) Posted on: Nov 24, 2018 6:39 PM
Message:

JB if there is another recession, the people who are getting grants to buy homes as First Time Home buyers, might have to stop doing that and get back to renting. That's the problem around here. --73.178.xxx.xx




180 to 1 final tally. (by BRAD 20,000 [IN]) Posted on: Nov 24, 2018 6:49 PM
Message:

NE,

How many were fully approved?

How may actually toured the property?

What feedback did you get from the folks who toured?

There had to be something not right or awkward about this home, like Dusty Rose carpet maybe:)

Why did your new res take this home?

.

I was at a recent forum for high rollers and expressed my concern about canaries in the mine - having trouble getting some perfect homes rented.

MANY said they were full.

I realized this was EXACTLY the same response I got when the recession started - the people who were full were not trying to fill vacancies in the current market. They were not talking to today's prospects and reviewing today's apps.

Those who did have vacancies came up to me quietly in the hall and said "Yeah, I'm seeing the same thing - fewer decent apps and slower turnovers on nice properties." Perhaps canaries in rural areas are even more sensitive.

In the Great Recession those "I'm always full" LLs started getting vacancies and posting "What's going on? Where did the good people go?"

BRAD

--68.50.xxx.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 24, 2018 7:03 PM
Message:

Brad, I had 97 pre-qualified. 41 schedule showings and 32 actually view it. I'll email you the stats. I may have received 12-15 apps the whole time. Fully approved, I would say just the 2 tonight that rented it.

It's not rose colored carpet. It's remodeled, ground floor. I would consider it a 1st timers apartment, but I've had people take it who have owned their own houses out of state before as well. --50.32.xxx.xxx




180 to 1 final tally. (by Ken [NY]) Posted on: Nov 24, 2018 7:04 PM
Message:

Brad,I am starting to see a lack of decent applicants also,I am rural but not nearly as rural as NE,I have discussed it with a few LL friends who agree the quality is going down,so far I have attributed it to decent tenants buying houses again --72.231.xxx.xxx




180 to 1 final tally. (by BRAD 20,000 [IN]) Posted on: Nov 24, 2018 9:23 PM
Message:

Ken,

Maybe the canary is chirping BUY BUY BUY!

House sales have been going strong in my city for the past year, right thru winter, and have not let up.

BRAD --68.50.xxx.xxx




180 to 1 final tally. (by Oregon Woodsmoke [ID]) Posted on: Nov 24, 2018 10:06 PM
Message:

The economy is good. Tenants are buying.

I've had two families buy a house this year, and I was really surprised that they could qualify for a mortgage. So, it looks like qualifying for a mortgage has gotten too easy, yet again. --174.216.x.xxx




180 to 1 final tally. (by LisaFL [FL]) Posted on: Nov 25, 2018 4:53 AM
Message:

I have had five good tenants buy houses this year. One of them bought one of mine and just got a text last night asking if I'd sell them the house.

I do pick quality tenants but I'm also surprised so many can afford to buy and how much they're being qualified for. Maybe it is time for me to sell. I don't want to go back to the days of it being hard to find good ones. --96.59.xx.xxx




180 to 1 final tally. (by Jeffrey [VA]) Posted on: Nov 25, 2018 5:01 AM
Message:

NE, I also like analyzing numbers. 41 scheduled showings from 97 pre qualified seems like okay numbers. 32 of 41 actual views also seems to be good as well. 12 to 15 apps from 32 views is not that bad either. I'm happy when 50% of those who view my rental, do an application, and if I am following your numbers, you got one third to fill out the application which is good.

Let me back up for a moment, so others will better understand my thinking about how I seek to fill vacancies effectively. When looking at numbers and when trying to improve my procedures or process I FIRST try to decide which step(s) in the process to focus on for possible improvement. And I'm not talking about what I would do at this point. I'm really just talking about what steps I would FOCUS on based on the numbers. To me that is the first thing I do in working to increase my effectiveness.

When trying to determine what steps in the process I would focus on in your scenario, I would need to make sure I am using the right assumptions.

Correct me however if I am wrong on any of my assumptions. I'm not quite clear if I understand your numbers fully. When I am an analyzing numbers, I count each "set" of applicants as a different number. In other words, I count a couple applying as ONE applicant. I count three roommates applying together as ONE applicant. So when you say 97 pre-qualified are you talking about 97 "sets" of applicants are 97 total people which in reality may have only been about 40 to 50 sets of people.

Assuming we are indeed talking about 97 "sets" of pre-qualified applicants, I would therefore assume that you had at least 2 or 3 times that in overall leads who inquired. Yes or no? And that 97 sets of them took the time to actually go through your pre-screening process and passed that step in the process. Am I still making the right assumptions? I would be curious to know how many total inquiries you received before ending up with the 97 pre-qualified. That number is important for me, because I want to know approximately how many total leads (the first measurable number in the process) I need in order to end up with a qualified applicant at the end of the process. So as I plan my marketing I have a target for the number of total inquiries I need to generate.

Before I go further in identifying the steps in the process I would focus on in your scenario, let me know if I'm okay with my assumptions. Also I hope you don't mind me using your numbers and your scenario to share some thoughts and concepts that may be of help to a few others. And please others feel free to continue to jump into the discussion.

Before I leave the discussion for now. Here's where I am going with this. When looking at the numbers and steps in the process, here are the different steps.

1) First goal is to generate a certain number (set) of total leads or inquiries.

2) Of those, how many inquiries am I able to determine are pre-qualified (what percentage)?

3) Of those, how many schedule to view the rental?

4) Of those, how many actually apply?

5) Of those, how many are approved?

When seeking to improve my effectiveness, I first want to identify which of the above step(s) I must focus my attention on most for possible improvement in filling my vacancies. Put another way, which one is the weakest link? --172.56.x.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 25, 2018 5:14 AM
Message:

I had 180 leads. A lead in this case could be an individual, a couple, or 2 or 3 friends. I had 97 fill out the pre-screen. Not all pass that pre-screen. 41 scheduled and 32 showed up. Then the 12-15 apps.

That is probably average for that length of time, as I do filter out a large amount of unqualified leads typically.

I like where your going with this in analyzing each step. Especially getting the number of leads higher and faster. That's what I need to do and have been trying to do. --50.32.xxx.xxx




180 to 1 final tally. (by Jeffrey [VA]) Posted on: Nov 25, 2018 5:23 AM
Message:

Glad you see where I am going. Doing this analysis has helped me a lot. I have certain objectives (specific number or percentage) for each STEP in the process.

When I do not reach specific objectives for one or more of the steps, then I know THAT is where I have to strengthen my procedures. Because under each step I have and continually modify and implement several procedures.

--172.56.x.xxx




180 to 1 final tally. (by GKARL [PA]) Posted on: Nov 25, 2018 5:27 AM
Message:

Over the past year, I put in the best qualified applicants I've ever had in my fourplex. I will have 4 newly renovated apartments available by the summer (3 studios and one large one bedroom) and I'll to see how it goes at that point. I've never had droves of qualified applicants anyway;it's always only been a few and even during the spring/summer months, it's takes at least a month to fill a unit; a winter vacancy requires 2-3 months. I generally always run the $ 99 special. That creates buzz only as I've only actually given it out once.

One thing that I've been experimenting with is lowering the upfront cash requirements and going with a non-refundable move-in fee equal to a half month's rent. The tenants for my places are generally not home buyers. I think that's an issue for SFH rentals. It's very easy to wind up with a mortgage less than or equal to the rent on a SFH in my area. That's not the case with apartments. I think demand for apartments is driven by employment or the lack thereof. --209.122.xx.xxx




180 to 1 final tally. (by Oregon Woodsmoke [ID]) Posted on: Nov 25, 2018 7:51 AM
Message:

Jeffrey, my weakest link here seems to be that there are no qualified renters who currently need a new place to live. I'd love to have a solution to that one.

I'm getting very few inquiries. About half are people currently going through a bankruptcy. The other half have sold their house, escrow is about to close, and they need a place for a month or two while they buy something else.

Although I did just have a helicopter mom looking for a place to get her abused daughter away from her abusive husband ( gee, no thanks)

Also, a single professional man, living alone who showed up for the viewing with his live-in girlfriend who was enthusiastic about the separation of bedrooms for their kids. Not the only big change from his story on the phone. --174.216.xx.xxx




180 to 1 final tally. (by Jeffrey [VA]) Posted on: Nov 25, 2018 10:19 AM
Message:

Oregon, here's what I have noticed with most landlords (not necessarily you) is the problem is NOT that there are no qualified renters. The problem is that many landlords simply hope that qualified renters will find them from their limited or non-effective advertising.

In any area there are almost always numerous segments of the population who are qualified renters. While there may not be in abundance, there are always some. The problems I discover when talking with landlords are usually twofold:

1) Landlords have not taken the extra effort to identify different renter niches who would be interested in renting your property. Without any clear target niche markets in mind, the average landlord instead often just starts doing the least effective, shotgun type of advertising (craigslist for example) hoping to hit anyone. And when no qualified renters apply, they mistakenly deduct that there are not any qualified renters to be found.

2) Landlords do not target various different niches of potential renters by reaching out to them with their advertising (marketing to where they work, shop, socialize - online AND off, or where they get support or associate).

I have found when taking the time to have a long discussion with landlords or brainstorming at my training events. almost without fail, we can identify at least a dozen potential niches of qualified renters that you could proactively reach out to. And often the different niches are being under-served by other landlords in the area. I guess my point is that it is very rarely the case that there are no qualified renters.

This may not be what you were looking to hear, but my BIG suggestion to you (and to all landlords): Never word a landlording problem in a way that is simply blaming exterior circumstances as you have done by saying there are no qualified renters.

Instead put the challenge squarely on yourself. "What can YOU do to better identify and market to the qualified renters who are out there?" And yes, that does take extra mental effort, perhaps even thinking outside the box. However, once you do so, it is well worth the effort, because you will most likely be able to be far more effective filling your vacancies moving forward.

By the way, I was intrigued by your own words partly describing the situation: "The other half have sold their house, escrow is about to close, and they need a place for a month or two while they buy something else."

If that is truly the case, how about thinking outside the box and start with that. Why not market directly to that niche and rent "short-term" to those sellers needing a place for a couple of months. You can probably rent to them for at least two times normal market rent. And if you get good at specializing in renting to that market niche you may have a continual flow of prospective residents that is not being served by others.

And yes, this would require extra effort in various ways on your part that you may not want to do. My bigger point however is that there are all kinds of potential niches of prospective renters with a need that you can fill. If landlords REALLY want to get their places rented, and not have their property sit empty for months at a time, you may need to consider new and different approaches and markets to fill your vacancies. My name is Jeffrey and I'm your friend:)

--208.54.xx.xxx




180 to 1 final tally. (by Sisco [MO]) Posted on: Nov 25, 2018 11:16 AM
Message:

NE, your post brings to mind that every purchase begins with a g oogle search.

Whenever someone is looking for housing in your area due to job transfer, are you easy to find? Or are you only easy to find for the locals? --72.172.xxx.xx




180 to 1 final tally. (by GKARL [PA]) Posted on: Nov 25, 2018 3:05 PM
Message:

"What can YOU do to better identify and market to the qualified renters who are out there?" And yes, that does take extra mental effort, perhaps even thinking outside the box. However, once you do so, it is well worth the effort, because you will most likely be able to be far more effective filling your vacancies moving forward."

I have units in two areas that have many Spanish speakers. I need to target their employers and perhaps post the craiglist ads in Spanish as well as English. I'm very accustomed to conversing with my tenants via google translate. It would not be a big deal to post my ads in both languages. Good people generally know other good people and one thing I've considered is driving word of mouth by offering a small referral commission. A couple of hundred bucks would be a powerful motivator for some people. --209.122.xx.xxx




180 to 1 final tally. (by WMH [NC]) Posted on: Nov 25, 2018 3:14 PM
Message:

I just searched my "housing wanted" on our local CL. People are no longer looking for HOMES they are looking for ROOMS they can afford! It's a huge change from even last year. --50.82.xxx.xx




180 to 1 final tally. (by JB [OR]) Posted on: Nov 25, 2018 3:53 PM
Message:

That's a good catch WMH. I see the same thing here.

That tells me that rents are too high. It very likely going to force rents down, if not now then soon. This has to be an affordability thing. --24.20.xxx.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 25, 2018 4:16 PM
Message:

Is the CL housing wanted pages a good gauge of need though? What I see there seems to be low life's and desperate tenants.

Sisco, being I post online through sites that syndicate to many different pages and apps, I would think I'm available from anywhere in the world. I wouldn't know how else to get found that way.

I hear seeking these niches talked about often, but I'm not sure what they would be here where I live. --50.32.xxx.xxx




180 to 1 final tally. (by GKARL [PA]) Posted on: Nov 25, 2018 5:34 PM
Message:

"they are looking for ROOMS they can afford! It's a huge change from even last year"

That is definitely the case in my area. I can rent my rooms fairly quickly in most instances. Most young people can not afford much but a room and same applies with the older set on a fixed income. I also think there's a market for studio apartments and small one bedrooms. These tend to be cheaper than a SFH or larger apartment. Folks have been priced out and we're at point of exhaustion. --209.122.xx.xxx




180 to 1 final tally. (by razorback_tim [AR]) Posted on: Nov 25, 2018 6:08 PM
Message:

I agree that all (most) searches start on google. A few start on bing and other engines, but mostly google.

It would take significant time investment and know-how to outrank zillow, trulia, CL, etc. if someone searches for "houses for rent, anytown." You could be the highest-ranking local site and still not show up until the bottom of the 2nd page or somewhere on the third page of the search results. That's just not good enough unless someone is specifically looking to avoid the big syndicate sites and they scroll through 2-3 pages of search results to find you. The sites like zillow, trulia, hotpads, and 20+ other sites have been there a long time, have their content built out, and have very high domain authorities built, so the chances of someone who is not an absolute SEO expert outranking them are very slim. Can it be done? Probably so. Will it be done? Probably not. --70.178.x.xx




180 to 1 final tally. (by Jeffrey [VA]) Posted on: Nov 25, 2018 6:19 PM
Message:

NE, you state: "I hear seeking these niches talked about often, but I'm not sure what they would be here where I live."

I am going to go out on a limb and say something at the risk of offending you. Knowing you, I don't think I will, because I believe you know my goal is to challenge you to greater success. So I hope you take my next statement in the right way. NE, your statement above makes me think you are being mentally lazy and not really challenging yourself.

It was great to see GKARL above starting to brainstorm the possibilities in his area. The number of rental niches in any area, including his or yours, has MANY possibilities. To help you begin to brainstorm the possibilities, I encourage you to do the following exercise by considering the various 9 major renter niche “categories” below. In each of these following categories there are dozens of renter niches that may or not be adequately served by other landlords in your area.

Come on NE (and others), as you read the following 10 categories, begin to think out loud of what type of renters in your area may fit that category. If you take this exercise or challenge seriously, I would really be surprised if the categories below do not trigger any niche ideas.

Those in a specific Occupation, Job Type, Employer or Trade

Those who have a very strong desire for unique amenity or home feature that you can provide.

Those who can not only use the property but, if applicable, can also use the amount of "land" or space which comes with it

Those with a distinct Hobby or Special Interest

Those participating in a formal or informal schooling or training or have family members wanting to attend a particular school in the area.

Those only needing Housing for a Limited Time Period

Those Owning Animal(s). This category includes far more than just the traditional dog and cat owners

Those who recently Experienced a Major Life Changes

Those looking to buy a house or make another major change sometime in the relatively near future

Those with Special Needs (more than just physical)

Others reading this discussion, let’s brainstorm for NE. Please share other possible categories of renter niches (or the actual renter niches) that could be found even in a rural area.

--208.54.xx.xxx




180 to 1 final tally. (by Jasper [OH]) Posted on: Nov 25, 2018 6:22 PM
Message:

Niches we have used successfully in the past include:

Section 8

Fully furnished units

Units that include all utilities

Welcome smokers and animals

People starting out or starting over

--98.17.xx.xxx




180 to 1 final tally. (by Smokowna [MD]) Posted on: Nov 25, 2018 6:27 PM
Message:

Those with criminal records.

(I have a friend who rents rooms out to sexual offenders. Really creepy people to look at them).

me, I rent to

Those who come from other countries to study. (No SS, no Credit, no idea who they are actually) --108.51.xxx.xxx




180 to 1 final tally. (by Jeffrey [VA]) Posted on: Nov 25, 2018 6:40 PM
Message:

And remember, the goal is not to just identify possible renter niches. You or others probably have previously thought of some of the different niches that would be most applicable in your area.

However, the next and vital step is that you do marketing on a systematic basis that actually reaches out so that the particular renter niches (which you identified) actually sees your marketing and finds it appealing enough to contact you. --208.54.xx.xxx




180 to 1 final tally. (by S i d [MO]) Posted on: Nov 26, 2018 5:32 AM
Message:

A few specific niches to help get the creative juices flowing...

Tourism AirBnb/VRBO. Anything interesting within 20 miles of your town: parks, fishing streams/lakes, monuments, world's largest bottle of syrup, etc.?

Amateur/hobby farmers. The "farm to table" movement in my area thrives on folks having 0.5-2 acres to grow produce or raise chickens. Some folks mow hay or have small cattle/swine herds too, on small acreage (3-5 acres).

Be a housing provider for local insurance agents to call when their clients have a loss that requires 1 - 6 months of repair/rebuild.

Again with land and if you have a large barn: party rental. Weddings, graduations, family reunions, football watch parties, etc. Places can rent out at $1000 / weekend and the renters are responsible for cleanup or can pay an extra cleaning fee. $1000 deposit required as well as having a credit card on file in case they do something dumb. Special insurance needed.

--173.20.xxx.xxx




180 to 1 final tally. (by Chris [CT]) Posted on: Nov 26, 2018 12:51 PM
Message:

This is a hard time of year to rent as well. I have 2-3 coming up in Feb and March so I'll find out! --24.187.xxx.xx




180 to 1 final tally. (by Pmh [TX]) Posted on: Nov 26, 2018 2:05 PM
Message:

97 pre-qualified ? Should have raised the rent. --104.218.xxx.xx




180 to 1 final tally. (by Small potatoes [NY]) Posted on: Nov 26, 2018 2:50 PM
Message:

My niches

Foreign students

Short term business employee

Chinese

Hospital employees

I used to think my sm 1brs would always be easy to rent, but then they were not. There is a shortage of 3 br by me and I have those but there is more wear n tear from large families.

I agree the trend is towards rooms and while people are buying they are coming from elsewhere just because prices dropped so low. Also see more income people moving toward me because surrounding communities are increasing in price. Yet they are unqualified. If I were to change it up I'd take smokers. But I can't stand cigarettes and cigarettes caused a fire in my 3 family. I sometimes consider cats and small dogs but would rather not since I've also dealt w urine soaked subfloor.

As for advertising I think Prospects are using all manner of apps linked to syndicated sites. But the longer your listing is posted the further back it's buried and not shown on the first (or 2nd /3rd) page. So then what do you do? Altering the price or details doesn't bump it forward. --99.203.xx.xx




180 to 1 final tally. (by Small potatoes [NY]) Posted on: Nov 26, 2018 3:05 PM
Message:

Another niche is first time renters --99.203.xx.xx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 26, 2018 3:35 PM
Message:

To label the niche I have had as successful renters, they would probably be "blue collar bargain hunters". --50.32.xxx.xxx




180 to 1 final tally. (by Robin [WI]) Posted on: Nov 26, 2018 3:52 PM
Message:

Here's another outside-the-box niche: lots of students come from overseas to learn English well enough to attend college here. They often want to live with a host family to improve their opportunities to practice English.

Could you pair empty nesters who love to socialize with 3-4 boarders? Rates around here are $900/mo for room and board. If one of the empty nesters likes to cook, you could net $600 per student. That's a lot better than most college housing rents for. --204.210.xxx.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 26, 2018 4:43 PM
Message:

I will make another post following up to this titled "finding the niche". I like this thread and don't want it to get lost in the abyss. --50.32.xxx.xxx




180 to 1 final tally. (by Laura [MD]) Posted on: Nov 26, 2018 4:55 PM
Message:

The niche I worked when I first started was newly divorcing. Downside was in 2 years they were buying after the paperwork was completed. --108.51.xxx.xxx




180 to 1 final tally. (by Honey [LA]) Posted on: Nov 26, 2018 5:28 PM
Message:

I'm reading this and thinking "IT'S ALL ABOUT LOCATION, LOCATION, LOCATION", isn't it. Well, isn't it? Nobody is going to rent across town from where he/she wants to be, needs to be. So let's stop and think. What does your location offer me? That all depends on my needs. So advertise whatever it is your neighborhood offers a renter: Universities, Shopping, Dining, Retirement, Elementary Schools, and this list goes on. Like Jeffrey advises, find our best niche or niches, and flow from there. --24.252.xxx.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 26, 2018 5:32 PM
Message:

Right Honey, but how do you advertise TO TYEM? Besides key words in online ads and flyers bear a workplace, if you're even allowed. --50.32.xxx.xxx




180 to 1 final tally. (by NE [PA]) Posted on: Nov 26, 2018 5:46 PM
Message:

Holy spelling errors, should read "to them" and "flyers near" --50.32.xxx.xxx




180 to 1 final tally. (by Honey [LA]) Posted on: Nov 26, 2018 6:18 PM
Message:

My apologies, NE. I had it all written out and my computer went on the blink.

I'm getting a new one from Santa! --24.252.xxx.xxx




180 to 1 final tally. (by Aimee [OH]) Posted on: Dec 17, 2018 12:05 PM
Message:

Thank u. Any suggestions. 4 BDR, large yard, off street parking for 4-6 cars, suitable for living up, 1st floor or basement office to meet clients, near dining, shopping, etc. Nearby landmark across street has just been approved for historical site. --74.140.xxx.xxx




180 to 1 final tally. (by Cjo’h [CT]) Posted on: Dec 21, 2018 9:47 PM
Message:

NE,if I had that many applicants contact me,I’d probably update my passport and move back to Derry.Id be scared of something happening that I couldn’t handle.With the work you do in your remodeling,you shouldn’t have that much traffic. I place one of my homemade plywood signs on the lawn next to the building for rent denoting if it’s a one bedroom or two with a phone number in black letters.Thats it!.No more newaspapers or internet.Or racking my brain about percentages .Getting up at 2 pm is hard enough. Mon. Aimee.I’d divide that four bedroom into two ,two dedrooms, much easier to rent with more manageable renters............. Charlie.............if I have five prospects looking and the first or 2nd doesn’t Become my tenant,then I start wondering why? ..........z....... what am I doing wrong, gotta change the blarney..........climbed all those steps,but never kissed the darned thing ,may have to take a trip back there ............. --32.214.xxx.xx




180 to 1 final tally. (by Cjo’h [CT]) Posted on: Dec 21, 2018 10:00 PM
Message:

Chris,don’t know where you are in Conn. but with the work you do, don’t think you’ll have a problem.Ive been able to rent in all the months on the calendar.........,,,,,, .....Charlie,,,,,,,,,,,,,,,,,,,,, --32.214.xxx.xx




180 to 1 final tally. (by Cjo’h [CT]) Posted on: Dec 22, 2018 9:14 AM
Message:

Good morning everyone,its almost noon on Saturday 22 of December and up out of bed.I must be sick getting up this early.Is there anyone close by to check on me, not necessarily a doctor. My grandfather died the day before I was born and they tell me he was 90, And never had been to a doctor in his life, and they say he worked the day before that.Im not that ambitious,I don’t want to do anything,even read a tape measure or pick up a hammer, even the one with the cushion handle........so there Chris..........Charlie,,,,,,, ................ --32.214.xxx.xx



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