All Forum Posts by: Reece Register

   "We do not need to use our time to do showings" ----- Isn't that what your clients hire you for? 

Also the most successful PMs in the country value their residents as much as they do the clients that own the property. Tenants and potential tenants leave reviews on Google that directly reflect the experience they received when interacting with a company which translates into future growth. As far as scaling a company I know first hand its possible without a remote lock box. The right people in the right seat with the right values is the win-win in my opinion. A great tenant day one eliminates 99.9% of problems down the road.  

In a technology driven world the self check out/self service model is growing rapidly. This is the same in the rental property world. More and more companies are pushing the self showing lock box so there potential tenants can access the property virtually anytime (no pun intended there). This also allows the company to use less payroll on the leasing side. What is not talked about is the risk that is associated with it. In the retail world it is called shrink. Is there a better experience with having a licensed agent assist with the showing? A person to make the sale? What about damage to the property by letting most anyone inside? What if there is a world to combine both avenues.... Utilize technology to schedule showings on a potential residents schedule BUT a licensed real estate agent meets the prospect at the property and walks them through the home and the application process the same day? High tech but also a high touch approach. We live in a technology and service world. In my opinion they go hand in hand. Residents have spoken and would like to have the option to speak with someone when making a decision on there next home. They look at reviews for the company as well as the experience they will receive from start to finish! What is the general opinion here with self showing lock boxes?

One thing I love about real estate is taking what a property is and making it into something better. Most of the time we hear words like rehab, remodel, or flip... These are terms of the past. We should be asking ourselves as investors we does the future look like and how do we make our properties reflect that? When purchasing a property in a competitive market I want to make it different and stand out. How is that done? With these new terms that I evaluate on every purchase. 

Reposition - Curb appeal, New Residents, Better Leases, Better Exterior Standards From The Residents 

Functional Amenities - Washer Dryers, Dishwasher, Storage Sheds

Post COVID shutdown this is more relevant than ever. Rental market has a huge demand and what better way to capitalize on it than delivering a "Prime Property"

Renting a property side by side another unit without these could be 100-200 difference per month. Quality first and the quantity will follow. Would love to hear some thoughts on this? 

Here's a great article about some important factors to include in your leases! Check it out!

https://www.rentitnetwork.com/articles/-3-items-to-include-in-your-lease-agreement

Bought, repostioned, and manage. Full package... 2.5M Last month. When selecting someone make sure they are familiar with WHOLE process not just step 1 or 2. 

Update June 16th... We are a little less than a month away from Invest Tampa. We have some amazing speakers lined up to talk about the entire process of real estate investing from an attorney, self direct IRAs, inspection process, financing, cash flow analysis team, contractors, and so much more. Why invest in the stock market when real estate gives you consistent returns and so many other benefits. Stay tuned for more updates as we get closer. 

Rent It Network is proud to bring you Invest Tampa. New or experienced investors come join us as well as our sponsors for a day full of information, networking, and on site advice from everyone surrounding the investing transaction. We are going to hear from attorneys, financing, title companies, accountants, maintenance professionals, and so much more. Investing in real estate does not have to be overwhelming if you have the right knowledge. Lunch provided and we will also have some great giveaways!

If you have questions please email [email protected] 

Space is limited to 150 attendees so register today!

@Taylor Chiu google reviews tell the biggest story! Then interview and find your fit. 

@Charlie Moore it is hard to prescreen that many applicants. in this situation I would just hold an open house for all that are involved and hand out your minimum requirements to rent the property. We have this happen often but our software prescreens and schedules showings for us. 

@Amr Moussa find an expert in the area.