Finding rental clients?

[Jade Azimi]

Hi,

I’m a newer broker in Chicago and I’m thinking about doing rentals for a bit. I’m curious what strategies others are using to find leads looking to lease. 

Thanks!

[Tommy Adeoye]

To add to @Bruce Lynn 's comment.

Here is a gem for you.

1.) Go on Redfin or zillow,

2.) Search for multifamily properties sold in your area of interest in the past 3 months,( A+ to B+ area or A to B building)

3.) Search and skip county records for new owner - investor or reach out to the listing agent .

4.) You can stop here if you want to work with listing agents and have them refer you to their clients . OR Proceed to 5 

5.) Reach out to new owner and find out how motivated they are.

6.) REIs ( Real estate investors) are easy to sell if you can provide value. Put on your selling shoes and educate them on how they can focus on finding deals in today's demanding market instead of chasing tenants or fixing broken pipes. 

7.) Put together a packet that outlines the benefits of going with your property management .

8.) Email to client and follow up twice a week

9.) rinse and repeat.