Price your Rental Properties like this & you will make Millions | HoltonWiseTV Highlights
Channel: HoltonWiseTV
Date: 2023-11-17

If you want to make millions of dollars as a rental property investor, you need to limit your tenant turnovers. Tenant turnovers are a landlord's worst nightmare. Tenant turnovers eat into your profits in many ways. When tenants move in and out of a landlord's property the landlord loses out on several rent payments and incurs many costs associated with fixing up and renting out the vacancy. Real estate investors should always look reduce their tenant turnover rate. One way to lower the frequency of tenant turnovers is to properly price your rental properties at, or just below market rates. This rent pricing strategy discourages tenants from making unnecessary moves and ultimately increase the investor's bottom line profits. Tune in to HoltonWiseTV for more property management tips for landlords and real estate investing advice.


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