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Updated about 9 years ago on . Most recent reply

User Stats

71
Posts
36
Votes
Kristen Williams
  • Property Manager
  • Wichita, KS
36
Votes |
71
Posts

Reaching Owners to Manage Their Properties

Kristen Williams
  • Property Manager
  • Wichita, KS
Posted

Hello! I am in the Wichita market area, and have built up a great backlog of eligible and approved renters in our metro and suburban circles.

I constantly monitor and track data as to where the leads are coming from, what the renters want, price ranges, jobs, salaries and many more demographic markers.

I am currently a managing partner in a property management company, who works with property investors, builders and individual owners - but things are changing quickly.

We currently have nearly all of our inventory of single, duplex and multifamily units leased, but the demands are growing ever higher. Recent mortgage rate hikes by the feds, as well as banking rule updates in October, are squeezing out buyers and giving us even more renters.

We do not have enough inventory! I know where they want to live, what they can pay, and how to approve them, but I am having a harder time finding the investors who own properties, to lease them to. We have a fading apartment association in our city, but so many of the new properties are owned by large corporations who build and manage their own properties. 

I know, however, that there are many single homes sitting vacant as well as an aging apartment landscape happening in our city. 

How can I reach out and meet, talk to, and share our renter base and create working relationships as management for owners of property in our area? I appreciate your response!

Warm regards, 

Kristen Williams

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