in both foot traffic on our retail lot and calls of well qualified renters looking for clean, safe, housing.
We are up to 90% occupancy and this is a very good thing. We consider 95% full occupancy as there are always folks moving in and moving out. To achieve this number we have had to do some different things. One of the biggest, is when folks come to us that are current tenants and say they just can’t afford the rent we charge, we don’t just automatically process them out. We look at available units available, and see if we can put them in smaller, cheaper units, or reduce rent 50 bucks or so to keep a good tenant in place.
I am quickly finding that a good teant is VERY valuable and hard to find. The good 'uns we try to hold onto.
Have an appointment with the HUD Section 8 supervisor this week. I am checking into if this is a good fit for me. At Tony and Scott’s Bootcamp I heard some very positive things about the program and think all my homes will fit their requirements. How cool is a guaranteed check each month? I have interviewed a few applicants and they are decent folks and I think they will make decent tenants. Maybe start out with 10 or so Section 8 renters and see how it goes from there.
Anyone else seeing positive movement on rentals? Business picking up?