#304: Sharing 5 Extremely Actionable (and Valuable) Leasing Tips for Multifamily Operators Looking To Maximize NOI
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Axel shares five practical leasing strategies that every multifamily operator can implement to reduce vacancy, maximize rent roll, and ultimately increase NOI.
These are simple, high-impact tactics that work whether you self-manage, run an in-house property management team, or work with a third-party manager. Axel also breaks down how to use staggered lease terms to avoid bad leasing cycles, how and why to incentivize referrals, how to drive more online reviews, and how to structure concessions for both new leases and renewals in a way that increases retention without damaging your long-term rent roll.
Take note of the tips in this episode and apply the ones that fit your multifamily operations.
Join us as we dive into:
- How to use staggered lease terms to avoid costly seasonal vacancy
- A simple resident referral incentive that increases leasing traffic and retention
- The most effective moments to ask for (and reward) reviews
- How to offer concessions strategically to drive faster lease conversions
- How to boost renewal rates using longer-term renewals paired with one-time credits
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304 episodes