What do you do when your rental property won't lease? 

Right now, people face uncertainty about the future. Job security, price changes, and the market make folks hesitant to move. But rentals still attract interest. Lyndel Johnson shares insights. 

Get back to basics with these key actions:

-Focus on attractive photos and presentation

-Adjust pricing based on market and feedback

-Ensure a welcoming experience for prospective tenants

Stay tuned for strategies to improve your rental success! 

Key Takeaways

1. Current Challenges in Leasing:

Takeaway: There's uncertainty in the market due to factors like economic conditions and job security, which has made potential renters hesitant to move. However, opportunities still exist for leasing properties effectively.

2. Importance of Presentation:

Takeaway: The way a rental property is presented—through high-quality photos and cleanliness—plays a crucial role in attracting prospective tenants. The goal is for the potential renter to fall in love with the property and visualize themselves living there.

3. Feedback and Adjustments:

Takeaway: It's important to gather feedback from potential renters who attend showings but don't apply. Understanding their reasons can help address any issues, like maintenance problems or misrepresentations in photographs.

4. Pricing Strategy:

Takeaway: Setting the right price is crucial. If a property isn’t attracting interest or lease agreements, the price might be too high. Tools like Rentometer and Rent AI can help determine competitive pricing based on market analysis.

5. Creating a Positive Move-in Experience:

Takeaway: Enhancing a new renter's move-in process with gestures like a welcome note, a gift, or thorough post-showing cleaning can establish goodwill and set the tone for a positive tenant-landlord relationship, encouraging lease renewals.

Timestamped Overview

00:00 Navigating Uncertainty in Home Leasing

03:25 "Understanding Why Buyers Hesitate"

06:58 Real Estate Pricing Strategies

12:34 Pre-Move-In Tenant Preparation Tips

13:28 Enhancing Renter Satisfaction

Learn more about RPM Luxury.

Subscribe to High End Homes Handled Right on Apple Podcasts, Spotify, and watch on YouTube.

What do you do when your rental property won't lease?&nbsp;
Right now, people face uncertainty about the future. Job security, price changes, and the market make folks hesitant to move. But rentals still attract interest. Lyndel Johnson shares insights.&nbsp;
Get back to basics with these key actions:
-Focus on attractive photos and presentation
-Adjust pricing based on market and feedback
-Ensure a welcoming experience for prospective tenants
Stay tuned for strategies to improve your rental success!&nbsp;
Key Takeaways
1. Current Challenges in Leasing:
Takeaway: There's uncertainty in the market due to factors like economic conditions and job security, which has made potential renters hesitant to move. However, opportunities still exist for leasing properties effectively.
2. Importance of Presentation:
Takeaway: The way a rental property is presented&mdash;through high-quality photos and cleanliness&mdash;plays a crucial role in attracting prospective tenants. The goal is for the potential renter to fall in love with the property and visualize themselves living there.
3. Feedback and Adjustments:
Takeaway: It's important to gather feedback from potential renters who attend showings but don't apply. Understanding their reasons can help address any issues, like maintenance problems or misrepresentations in photographs.
4. Pricing Strategy:
Takeaway: Setting the right price is crucial. If a property isn&rsquo;t attracting interest or lease agreements, the price might be too high. Tools like Rentometer and Rent AI can help determine competitive pricing based on market analysis.
5. Creating a Positive Move-in Experience:
Takeaway: Enhancing a new renter's move-in process with gestures like a welcome note, a gift, or thorough post-showing cleaning can establish goodwill and set the tone for a positive tenant-landlord relationship, encouraging lease renewals.
Timestamped Overview
00:00 Navigating Uncertainty in Home Leasing
03:25 "Understanding Why Buyers Hesitate"
06:58 Real Estate Pricing Strategies
12:34 Pre-Move-In Tenant Preparation Tips
13:28 Enhancing Renter Satisfaction
Learn more about <a href="https://www.rpmluxury.com">RPM Luxury</a>.
Subscribe to High End Homes Handled Right on <a href="https://podcasts.apple.com/us/podcast/high-end-homes-handled-right/id1735739445">Apple Podcasts</a>, <a href="https://open.spotify.com/show/6ZxDbAKoKUFNDykidB4fsE?si=74a1eb7d9dd64e29">Spotify</a>, and watch on <a href="http://www.youtube.com/@RPMLuxury">YouTube</a>.

High End Homes Handled Right is a podcast dedicated to helping listeners learn how to successfully invest in and manage luxury properties. Hosted by experienced property manager Lyndel Johnson, each episode aims to both entertain and educate. 

Johnson and his expert guests dive deep into the world of high-end real estate, sharing actionable tips and strategies for maximizing returns on investment properties. From analyzing what works and what doesn't, to touring exceptional properties, this podcast equips listeners with the tools they need to avoid pitfalls and excel at managing upscale homes.

Whether you're a current luxury homeowner or an aspiring investor, High End Homes Handled Right promises to be an engaging and invaluable resource. Tune in to gain a competitive edge in the world of premium property investment and management.

High End Homes Handled Right is a podcast dedicated to helping listeners learn how to successfully invest in and manage luxury properties. Hosted by experienced property manager Lyndel Johnson, each episode aims to both entertain and educate. 
Johnson and his expert guests dive deep into the world of high-end real estate, sharing actionable tips and strategies for maximizing returns on investment properties. From analyzing what works and what doesn't, to touring exceptional properties, this podcast equips listeners with the tools they need to avoid pitfalls and excel at managing upscale homes.
Whether you're a current luxury homeowner or an aspiring investor, High End Homes Handled Right promises to be an engaging and invaluable resource. Tune in to gain a competitive edge in the world of premium property investment and management.

High End Homes Handled Right

High End Homes Handled Right is a podcast dedicated to helping listeners learn how to successfully invest in and manage luxury properties. Hosted by experienced property manager Lyndel Johnson, each episode aims to both entertain and educate. 
Johnson and his expert guests dive deep into the world of high-end real estate, sharing actionable tips and strategies for maximizing returns on investment properties. From analyzing what works and what doesn't, to touring exceptional properties, this podcast equips listeners with the tools they need to avoid pitfalls and excel at managing upscale homes.
Whether you're a current luxury homeowner or an aspiring investor, High End Homes Handled Right promises to be an engaging and invaluable resource. Tune in to gain a competitive edge in the world of premium property investment and management.