LEASING AND MARKETING
VACANCY – The Single Most Dreaded Word for Rental Property Owners
That’s because vacancy is a greater expense than repairs, maintenance and upgrades combined.
KRS Property Management will relieve you of the fear of vacancy, plus help you enjoy the benefits of secure cash flow, growing property value, minimized costs and increased profits.
You will be assigned a dedicated leasing agent, with a proven track-record, to exclusively secure qualified tenants for your rental property. Your occupancy rates will significantly exceed the market average … as will your rental revenue stream and profit margins.
YOU WIN – From our No Vacancy Marketing Strategy:
Here’s how your occupancy quotient will surpass market expectations. The supporting platform is a five-planked, intensive marketing approach to fill your rental unit pipeline.
1. Ads
Your listing will be promoted to our thousands of existing tenants. Results: Exposure to a renter pool with a proven track record as quality tenants – Many move to another KRS managed property when their lease is up.
Results: Hundreds of new applications every month. The more applications, the better choice of quality tenants to decide from.
2. Existing Residents
We bombard rental websites such as Zillow & Trulia, as well as social media platforms with advertising for your property.
Results: A faster vacancy time with a tenant that has a proven track record of paying rent on time.
3. Power Open Houses
Sense-of-Urgency is the motivating theme. Multiple prospects are invited to review a property at the same time.
Results: Competition to lease is heightened to hasten applications and speed up tenant approval.
4. Signage
KRS Property Management places several hundred “For Rent” signs throughout the areas we service-prompting many phone calls to KRS leasing agents and property managers.
Results: Half of all callers rent a KRS property … if not the one they called about – another.
5. Group Think
Every week, KRS leasing agents brainstorm ideas to promote and succeed in filling rental vacancies.
Results: The goal of “No Vacancy” is advanced by concerted efforts to share and leverage each other’s experiences, thoughts, and successes! An added plus is that your lifestyle will remain unaffected by the day-to-day needs of your rental property.
CONNECT WITH US!
If you’re a residential real estate investor considering your first property or looking to expand your portfolio, Lynchburg, VA, should be on your radar. As a dedicated property management company, we’ve conducted thorough research and are committed to supporting landlords and renters in this vibrant market. Here’s why you should consider investing in Lynchburg.
Lynchburg is a city of approximately 80,000 residents, known for its rich history and scenic views along the James River. With a growing economy and a diverse population, Lynchburg offers a unique blend of urban amenities and small-town charm. The city is home to several institutions of higher education, including Liberty University and the University of Lynchburg, attracting a steady influx of students and professionals.
The local economy is bolstered by sectors such as education, healthcare, and manufacturing, making it a resilient market for real estate investment. With affordable property prices and a favorable rental market, Lynchburg presents a promising opportunity for both new and seasoned investors looking to make their mark in a thriving community.
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