Full-time real estate investors know more than anyone that there are only so many hours in the day. Finding time to actively land new investments can be hard when its necessary to manage other investment properties. Maximizing time is one of the most valuable tools a real estate investor can have. Shortening the time you spend on your investment properties can greatly improve your quality of life as a real estate investor.
Gavin Welch, an entrepreneurial real estate investor, knows just how precious his time is. With seven properties in his portfolio and work commencing on an apartment development, Gavin has a lot on his plate. With a goal in place of acquiring 25 investment properties, Gavin simply cannot afford to spend time on everyday property management concerns for each of his properties. He has implemented a method that allows him to attend to his current investment properties while providing himself enough flexibility to focus on his investment goals.
provides automated information for tenants and clients to call in for property info and maintenance requests
Limited property showings
Schedule property showings and open houses for set days and times cuts down on time spent visiting investment properties
Auto pay system for tenants
Tenants pay automatically when monthly bill is due. Landlords and property owners don’t need to spend time tracking down payments
Bandit signs circulate property availability
Youtube videos provide property details and photos
Using the same materials and paints on all properties greatly reduces time on maintenance and up-keep
Gavin is currently in the market for viable single family investment properties in the Lakeland, FL area. Suitable fix-and-flips or rental property offers may contact Gavin through his website by going to the Contact Us page. Listeners should also check out Gavin’s own podcast, The Real Estate Loop for more investing advice.
A sense of home can be a hard thing to find in an apartment. Real estate investors holding apartment complexes or other multifamily dwellings may find marketing their properties as desirable living spaces to prove difficult in media over-saturated with ineffective advertising and marketing strategies. The rise of social media has changed the face of marketing, with web-based marketing now offering a variety of platforms to deliver your property to potential residents. Some apartment complex investors and property managers are embracing these new platforms and initiating innovative and effective marketing campaigns directed at tenants looking for something more than just another apartment.
Melissa Meredith and Ana Maria Palermo have both grasped this shift and are using social media and other creative methods of marketing to produce appealing, effective marketing solutions for their clients. Melissa Meredith, of Marketing with Mel, works and lives in Tampa’s Channelside District. Melissa applies her innovative “360 approach” to create niche marketing strategies to grow her clients’ business. Ana Maria Palermo, property manager of Channelside’s SkyHouse luxury apartment complex, has built a strong community foundation for the residents by using social media and other creative methods to market to new tenants. This episode, find out how using social media and other creative methods of marketing your apartment complex or other investment property can improve your sales or lease rates.
Engage residents and tenants in interactive community-driven events
Pool party, art classes, residents’ night, yoga, cooking classes, etc.
Provide events free-of-charge to attendees as future investment for new business
Push through social media
Post original, independent content through various platforms
Facebook; Twitter; LinkedIn; Instagram, Pinterest, etc.
Relatable content should stand out, should appeal to yourself as a consumer, capture essence of product/business
Take advantage of ‘viral media’
Post original, engaging content
Find common ground with readers, appeal to readers’ sensibilities
Comfort and Convenience
“Live, Work, Play” concept
Provide services/amenities to tenants that makes your property a comfortable, convenient home
car/bike-sharing programs (Zipcar); onsite retail spaces; cafés/bars; proximity to local attractions