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Updated almost 3 years ago on . Most recent reply

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Casey Cole
  • Rental Property Investor
  • Huntsville, AL
9
Votes |
9
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How many leads per filled vacancy?

Casey Cole
  • Rental Property Investor
  • Huntsville, AL
Posted

Hey all, on average how many leads does it take for a vacancy to be filled for you?

My logic is, if I am above the average, then I should be charging more rent to even out my supply and demand. What do you think?

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
6,948
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6,603
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

Generally too many! 100 is common and more than half are not looked at because they applied before(sometimes years ago) and were rejected then too. We keep a database of priors. Then there are the animals; we have had too much damage so, no animals. We use rentometer.com to determine rent.

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