Keeping People in Multi's | 4min snip from Real Estate Rookie

267: 24 Units in 2 Years by Making Your Rentals Match the Market w/Andrew Freed

Real Estate Rookie

CHAPTER

Keeping People in Multi's

I usually like to give them an option where maybe I increase the rent a little bit or, you know, they have the option to vacate the property. Sometimes it's actually better to be a little bit below market. So you have a larger pool of tenants to the left room. A lot of my units all allow cats and dogs because if you remove cats and dog, you literally are moving 50% of your tenant pool,. And then as you both know, a lot of these large multi's will have pests will have rats, right?Andrew: If there's a cat in the unit, you'll never see a mouse. The second binder around tends to be pretty successful as

00:00

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.