Appfolio tutorial2/13/2024 ![]() I’ve seen a community do a “Look and Lease” special. Would you live there? If not why? If everything looks awesome, start looking at incentives such as $100 at move-in, half a month off, property upgrades, etc. Is it clean? How does it smell? Are there repairs that would make it show better? Is there trash around the entry? We call this a vacancy assessment. ![]() Before offering any incentives, take a hard look at the unit. In my experience, we (property managers) look to price change way too soon! Sometimes, when you lower rent or offer incentives it attracts bad resident behavior. Can you discuss any incentives you do in competitive markets for college student rentals? Some of you also asked about our broken lease policy.Ģ. The resident is also responsible for covering rent until it is released, cover any applicable utilities and lawn care, along with the extra marketing expense incurred by the owner. The $750 covers the extra work that goes into unplanned administrative services such as the move-out inspection, marketing, and providing other lease ending services. Remember, it is $750 plus days vacant, utilities, lawn care, and marketing. How do you justify to an owner a $750 charge for someone who breaks a lease? Any additional questions? Leave them in the comments and we’ll get back to you!ġ. But here are the responses to some of your questions from Jake himself. We had so many questions come in during our recent webinar with Jake Durtschi on Building Profitable Lease Renewal Strategies that we unfortunately couldn’t answer them all during our live event.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |