AREI 127: Takeaways From The GoBundance Asset Management Workshop - Part 1

Welcome adventurous family!
 
 In this episode of the Adventures of a Real Estate Investor podcast, we discuss some key takeaways from the GoBundance Asset Management workshop. Tune in as we share tips on How to Never Lose a Resident Again, how to improve communication with residents, and fill vacancies quickly.  Come join us and listen in and unlock the full potential of your multifamily assets!

Key Points:
 

1: The Resident Retention Secret

• Key Point: Resident retention starts with focusing on the resident experience from day one.

2:  Communication is Key

• Key Point: Regular communication with residents through surveys and resident events helps you identify and address their concerns.

3:  Making It Easier to Be a Resident

• Key Point: Offering convenient amenities like free laundry and eliminating initial pet deposits can make your property more attractive.

4:  Scarcity and Speed: Filling Your Units Faster

• Key Point: Holding open houses and encouraging immediate applications can create a sense of urgency and increase your chances of filling vacancies quickly.

5:  The Upsell: Encouraging Residents to Upgrade

• Key Point: Showing potential residents upgraded units can incentivize them to choose a more expensive option.

 Myth to Bust:  Is Asking for help means you don't know what you're doing especially in asset management?

Adventurous Family Call to Action:

•  Calling all seasoned asset managers to reach out to us!
•  Listen to Part 2 of this series for even more resident retention strategies!

Tweetable Quotes:
 
 " It's wonderful to have the confidence to know that you can ask a question. And someone might not know the answer either, but they might be able to get you to a person who does."

 
 Explore more. Adventure awaits. 

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👉 Part 2 : 👉 https://www.buzzsprout.com/1777264/14968553

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