Tag Archives: housing rental

Year In Review: The 10 Best Markets for Rental Properties in 2014

In 2014 the Rental Housing market grew an annual pace of 3.3%, with occupancy rates at 95% (according to MPF Research)

If you’re looking to grow your rental portfolio in 2015, where should you start? Among the most obvious places would be the best performing rental markets of 2014!  Last year was a surprisingly strong market for growth among rental housing throughout out the entire US, growing an an annual pace of 3.3 percent with occupancy at 95%.

Below are the top 10 markets in the United States, as measured by annual rent growth percentage (annual rent growth equals “effective rent” in this case).

Screen Shot 2015-01-20 at 9.41.11 PM

Continue reading

This Is How The Best Renters Stand Out & Win

Calling all renters! If you’ll be searching for a new home in the next few months, I’m about to introduce you to your new secret weapon. Why will you need a secret weapon?

The rental market is really busy, which means the rules are changing. If you want to score a great home and avoid a lot of headache, there are a few facts you must know:

• There are more renters (read: competitors) than the last time you searched
• The best homes are rented to new tenants within a week after being listed
• Average applicants usually settle with a boring, average, or overpriced home

I’m a city renter myself, and I’m well aware of the frustrations and problems we face in the hunt for a new place. When you’re competing to rent a home that’s in great demand, you need more than the law of averages on your side.

• How do you stand apart from the other 20 people that also applied?
• How do you convey that you are the best possible tenant?
• How can you AVOID rental application hell & paying numerous application fees?

There is one easy answer for all of these questions: you need to stack the deck in your favor by being organized and standing out!

To stand out, you need a “Rental Resume”! Let me show why, and how it can drastically help you. Continue reading

Spring clean 2014: checklist for winning rental photos

In the age of the internet, your online ads can easily be maximized to attract great renters quickly! 

Copyright Ashley Wilson 2014. Copy only with property citation.

Copyright Ashley Wilson 2014. Copy only with property citation.

This is a photo I took of a place earlier this year. It didn’t look this way when I arrived yet the photo still came out looking great. Taking awesome photos of your property is an easy, no-brainer way to snag renters fast. So why do even professionals get caught submitting horrible photos to their local MLS? One can only assume it’s because no one has simplified the process in an easy way.

So without further ado, here is a checklist designed to force great rental photos every single time.

View the checklist

Following a few simple steps when you take your listing photos will help you showcase the great features of your property and attract renters easily. If you missed what I posted last week, start with the link below.

See more great tips on rental ads that work here

How to: Improve Online Rental Ads to Attract More Renters

So you want to know how to attract great renters quickly with your online ads? You’ve come to the right place.

rental ads that attract great renters

Copyright Ashley Wilson 2014. Copy only with property citation.

The millennial generation is the generation that rents, especially in the most competitive markets. There are many articles out there explaining why, the gist of it is that we’re not ready to settle down until much later in life. So, whether you like it or not, you need to know how to target us and I’ll show you how.

Continue reading

How Would Your Life Change If Rent Prices Doubled Next Year?

Implications of a disastrous monetary policy.  (Part 1 of 2)

How would your life change if rent prices doubled next year?

Foreclosure street

The Federal Reserve (The Fed) makes monetary decisions that affect all of us by way of our purchasing power, and there is no escaping it. Any smart investor tries to predict future market trends to get an edge on the rest of the herd. Herein, I will help you do just that within the rental housing industry. Whether you’re a landlord or you rent your house, you will be affected!

If you’re a landlord, you’re in the business of making money. If you’re a renter, you probably want to save money to buy a house. If you don’t care about extra money, maybe you’ve found the wrong blog?

Continue reading

Stand above 95% of all other renters to get any apartment you want!

Life can be unfair, and sometimes the lesser man (or woman) wins. But not today.

yay-7065178

Follow this proven plan to separate yourself from the other 95% of all renters (your competition)!

How can I stand above the competition you might ask? Hint: while your competition only turns in the completed paper application, you do something radically different.

Continue reading

What is RenterResume?

For rent

In the summer of 2010, I was looking for a new house to rent.  My place at the time was more suited for my college days as I had outgrown the weeknight partying lifestyle.  In Baltimore county there were a ton of choices, from single family homes to 15th floor penthouses, and from city living to country living on windy roads.  I did the normal searching on CraigsList and visited 6 houses, and eventually applied to 3 of those.

Continue reading