What's the best way to get maximum occupancy

[Account Closed]

Hi everybody I'm new to BP and have been very active as a fulltime residential investor for 17 years now, starting in St Louis Missouri and now in Orlando FL. I am ready to start investing in MF for passive income. What has been your methods to getting the units fully rented?

[Lee Carrell]

The worst thing for a buy-and-hold investor is vacancies! Here are some of my principles for keeping the units rented:

• I vigorously screen every tenant and don't get impatient and just rent to anyone.
• I make sure that all of my units are clean, inspected, and in great working order.
• I advertise where the type of tenants that I want will see the ads.
• I rent at market rate or a bit below and pitch the benefits of my units over others.
• I let the tenants know that all they have to do is call me (within working hours) and I will respond ASAP.
• I recognize the tenants as worthy human beings and give them proper privacy and respect.
• I let them know they are appreciated for paying the full rent on time and taking care of the property.

This has worked well for me!