Ces Cecchin - Investment Real Estate’s Post

Good property management is about retaining residents instead of experiencing frequent vacancies, and these four tips can help keep good renters around. https://lnkd.in/gdHdhHCF

Tip for Landlords: Vacancies happen, and it's crucial to be financially prepared for them. As a responsible landlord, it's wise to set aside a financial cushion to cover your property-related expenses when your rental unit is unoccupied. Visit our website at https://lnkd.in/gKzFaFRh or call 📞 800.518.1077 for more information. #LandlordTips #PropertyManagement #VacancyPlanning #FinancialCushion #RealEstateInvesting

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📉 Are you aware of the untapped potential that lies within your vacant units? As someone responsible for occupancy performance in your senior living community, it is crucial to address the challenges you face in filling those vacancies. 📈 If you find yourself struggling to make progress and lacking the necessary resources, consider calculating the daily value of your vacant units. This information can help you make a compelling case for investing in revenue or lead generation strategies. In Ontario, the average daily value of a vacant unit in a senior living community amounts to a staggering 💸 $2,700. Just think about the missed opportunities and the impact it has on your bottom line. Take a moment to reflect on what other decisions are costing your senior living home $2,700 each day. You'll likely realize that few expenses come close to this figure, yet the true cost of vacancy is often overlooked. Let's prioritize filling those vacancies and maximizing your business's potential. seniorlivingsalespro.com✨ #seniorliving #salestraining #occupancyperformance #sellingtoseniors #salescoaching #seniorlivingsales

Build Relationships: Good relationships with tenants can lead to longer tenancies, fewer vacancies, and timely rent payments. Regular, non-invasive check-ins can help to build trust and demonstrate your commitment as a landlord. 👉 Visit our website here: njpropertymanager.com #RealEstate #PropertyManagement #RentalProperty #InvestmentProperty #PropertyGoals #RealEstateInvesting #LuxuryRealEstate #HouseHunting #RentalManagement #EstateManagement #PropertyManager #ManagedProperty #RealEstateManagement #LandlordServices #TenantServices #LeaseManagement #BuildingManagement #ProactivePropertyManagement

Common sense will tell you that if an apartment is not rented, it is not producing income, and that reduces your cash flow. Even if the vacancy rate is listed on the pro forma, verify it with the property manager on your team. He or she will be able to tell you if the vacancy rate listed is at, above, or below the average of the market and will know this because vacancies are mostly a function of supply and demand within the market. You can also find this information by looking at the monthly rent rolls and move-in dates on the leases. #realestateinvesting #multifamilyrealestate

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THE next 12 to 18 months will be “difficult” for #commercialrealestate, with vacancies in the troubled office market are yet to reach their peak, according to Moody’s Ratings, and tower values are set for further falls #propertyvaluation #propertyvalues #commercialrealestate #commercialproperty

This week's blog article is all about how good quality tenant selection is much more than simply filling vacancies and collecting rent. You can read the full article on the link below 👇 https://lnkd.in/eXxeWhVh KPA - Lettings without compromise! #bristol #bristolhmo #bristollettings #hmomanagement #propertymanagement #lettingswithoutcompromise

This week's blog article is all about how good quality tenant selection is much more than simply filling vacancies and collecting rent. You can read the full article on the link below 👇 https://lnkd.in/e8XFCdyZ KPA - Lettings without compromise! #bristol #bristolhmo #bristollettings #hmomanagement #propertymanagement #lettingswithoutcompromise