April 2013 Blog Posts (9)

How to Raise the Rent

Rental rate. It’s a critical factor. It’s the reason you’ve picked this asset class as your investment, and ensuring it provides the greatest return is your highest priority. But raising the rent can be a challenge. People are sensitive about money and no one wants to pay a higher price for exactly what they currently have.

The truth is, inflation happens. Just like property taxes and other associated costs with houses rise each year, so too does the cost of living in an apartment,…

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Added by Cathy Fontana on April 4, 2013 at 2:50pm — No Comments

Want to Know What Renters Want?

Whether you’re a multi-family property owner or thinking about becoming one, it’s imperative you understand what renters are currently looking for in a rental property. While it’s fairly safe to assume most want safety, community, and good management, there are additional line items that could make or break the decision for a prospective tenant.

According to the latest survey from Apartments.com, it is apparent that more and more Americans are choosing to rent. Their reasons why and…

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Added by Cathy Fontana on April 4, 2013 at 2:39pm — No Comments

Want to Know What Renters Want?

Whether you’re a multi-family property owner or thinking about becoming one, it’s imperative you understand what renters are currently looking for in a rental property. While it’s fairly safe to assume most want safety, community, and good management, there are additional line items that could make or break the decision for a prospective tenant.

According to the latest survey from Apartments.com, it is apparent that more and more Americans are choosing to rent. Their reasons why and…

Continue

Added by Cathy Fontana on April 4, 2013 at 2:38pm — No Comments

A Glimpse Into the U.S. Multifamily Property Market

If you’re a property owner, then you probably have a nagging desire for information about the market as well as tenant behavior. Let us help quench that thirst with a brief summary of the results of the National Survey of Renters survey, conducted by the Opinion Research Corporation.

  • The total number of apartment buildings in the U.S. account for 48% of available rental space options
  • Seventy-three percent of renters live in apartments, as opposed to the 27% that live in…
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Added by Cathy Fontana on April 4, 2013 at 2:36pm — No Comments

How Online Videos Can Decrease Your Vacancy Rate

How many videos do you have scattered around the Internet working for you to promote your property at all hours of the day and night? If you said “none,” we need to have a serious talk. Videos are highly beneficial, and they are especially so for real estate for the following reasons:

  1. Visual. Video allows you to show the property, its amenities, the desirable attributes prospective tenants will love, and more, rather than just explaining them in ads, articles or…
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Added by Cathy Fontana on April 4, 2013 at 2:34pm — No Comments

What Homebuilder Confidence Declines Mean for Multi-family Property Owners

For the second straight month, national homebuilder confidence fell during the month of May. According to the National Association of Home Builders (NAHB) and Wells Fargo, confidence slipped 2 points to 44. This was unexpected, as a Bloomberg survey earlier in the month had revealed an expected increase in confidence to 47.

What does this say to us about the rental market? According to the report, anything below 50 means survey respondents consider homebuilding conditions to be poor.…

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Added by Cathy Fontana on April 4, 2013 at 2:32pm — No Comments

Why Multi-family Properties are Better than Single-family Investments

If you’re considering a rental income property for purchase, but you’re not sure whether to go for the traditional, single-family investment (i.e., homes, duplexes, condos) or to opt for the larger, multi-family complex, you’ve come to the right place. Here are the top five reasons why the larger investment may be worth more to you in the long-run:

  1. Multi-family properties allow for more tenants, hence the name: multi-family. This, naturally yields itself to greater income…
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Added by Cathy Fontana on April 4, 2013 at 2:28pm — No Comments

Why Multi-family Properties are Better than Single-family Investments

If you’re considering a rental income property for purchase, but you’re not sure whether to go for the traditional, single-family investment (i.e., homes, duplexes, condos) or to opt for the larger, multi-family complex, you’ve come to the right place. Here are the top five reasons why the larger investment may be worth more to you in the long-run:

  1. Multi-family properties allow for more tenants, hence the name: multi-family. This, naturally yields itself to greater income…
Continue

Added by Cathy Fontana on April 4, 2013 at 2:28pm — No Comments

Five (5) Social Media Tips To Grow Your Connection As A Real Estate Agent

One of the characteristics of an effective Philippine real estate agent is to have a wide network of contacts. A great way to do this is through the use of social media. Here are five (5) quick tips to grow your connection.

 

  1. Facebook. Establish a profile on Facebook that will reflect your passion in the real estate field – show it on your Cover Photo, Profile Image, Info…
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Added by 63RealEstate on April 2, 2013 at 8:14pm — No Comments

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