Ideas to fill vacancies?

[Brandon Turner]

Hey everyone. I have been working on a deal to purchase a 24-unit apartment complex for the past year, and it is finally happening. One problem though - the apartment is currently 40% vacant (mostly due to the run-down condition it has fallen to, but the poor economy, poor previous marketing, and being only a decent location are also factors)

So I thought I would generate a discussion here so people could share their ideas on decreasing vacancies. Marketing ideas, promotions, concessions, etc.

I have looked a bit at banners online, to replace the current 8x11 inch red and white 'for rent' sign. Anyone have experience with this?

Thanks everyone.