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Updated about 1 year ago,
Advice for attracting quality tenants
Hello world,
This is my first post on Bigger Pockets. I have recently been introduced to the Bigger Pockets world, and I am fascinated by the community that has been built! I work for a relatively new property management company (and I am pretty green in the industry myself). We are having trouble finding quality tenants for a 20-unit complex we manage. While the unit is lower income, I'm interested in seeing if there are any insights into how other people tackle the problem of finding qualified tenants. While we have standard fees typical of a PM company for tenant turnover, we align with the property owner's goals of having quality tenants with a low turnover rate. Therefore, we do reject most of our applicants. For reference, we post on Zillow and Facebook marketplace. I appreciate any advice!