Tips to Full Occupancy

In multifamily property management, there is always more to do, but there are certain things that must be done. In the effort to maintain full occupancy, these five tips are in the "must be done" category. 1. Renewals! The straightest line to maintaining high occupancy in multifamily is focusing consistent attention on renewals. Ignoring this makes maintaining full occupancy near impossible. 2. Be Ready! Never show a unit to a potential tenant that is not ready to occupy. This includes "almost ready" and "gonna be ready next week" multifamily units. It's either ready to occupy or... wait. 3. Know Thy Competitors! Know where you can compete and where you cannot. Wendy's restaurant has tried many times to get in on McDonald's breakfast revenue....

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Posted in: Full Occupancy