Prudent Wolf

Marketing and Sales

high occupancy rates

6 Ways to Ensure Consistently High Occupancy Rates

Maintaining high occupancy rates across rental property holdings proves essential to maximizing cash flow, stabilizing value and sustaining long term success. Each period of vacancy represents lost potential income and increasing risks of costs from property damage, deterioration of condition or perceived lesser desirability by future tenants. While some turnover and short-term vacancies remain unavoidable, …

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4 Steps to Conducting a Thorough Property Walk-Through

Conducting regular walk-throughs of rental properties is critical to maintaining quality standards, reducing risks, maximizing value and optimizing key metrics of success. Thorough, comprehensive walk-throughs following a consistent process help ensure issues get identified and addressed early before causing substantial damage, legal trouble or loss of income. Some key steps to an effective walk-through include …

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7 Simple Steps to Prepare a Rental Property for Occupancy

Preparing rental properties for occupancy once acquired is critical to success. Properly preparing a rental before new tenants move in significantly impacts their experience, happiness, likelihood of continued tenancy and willingness to renew or refer others. There are several key steps and considerations to preparing a rental successfully. Evaluate condition and make necessary repairs. Conduct …

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10 Effective Marketing Strategies to Fill Vacant Units Fast

Maximizing occupancy and reducing days spent with vacant units is critical to the success and profitability of any rental property investment. Effective marketing and faster leasing velocity can increase potential returns, minimize holding costs, and avoid opportunity costs from being unable to purchase additional deals. There are several proven strategies you can employ to speed …

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