Buried in Calls from Unqualified Tenants? Save Time ‘Big Time’ With This Tactic…
By | Category: Featured, Real Estate Investing Tips
So……you ever felt like screaming at your phone or even ripping fistfuls of hair from your own scalp over the onslaught of ridiculously unqualified people who call when you start advertising a newly vacant rental?
Sheesh, I know I sure have. It’s weird I know, but I find myself actually wanting to rent the dang house and simultaneously wanting to avoid the stream of prospective tenant calls necessary to do so. (My mind truly amazes me sometimes — and no, I haven’t hired someone to handle that part for me yet. BAD me!)
So how’d you like a simple $7 trick to slash the number of calls you get, and thus reclaim scads of precious time (and maybe some hair)? As a follow up to “The Awesomest Way to Murder Roaches (Even the Pregnant Mamas)” I offer you another little nugget of joy from my buddy Chris Wark that promises just that.
This guy’s been actively swimming in the shark tenant infested waters of “buy, fix and hold” for the last 7-ish years, and now manages 65 or so units. Sure, there are many who’ve been around longer or managed more, but I can tell you Chris is like an stinkin’ Oracle on Property/Tenant Management at this point, and just oozes handy “Gosh, why didn’t I think of that before” kind of stuff every time I’m around him. Definitely one of my mentors in the local arena.
And before you watch, let’s see how cool you are (in my eyes) with this…
Challenge Question: To which crazy awesome TV show do I briefly pay homage at some point in this video? (Leave it in the comments if you know. 
)
PS…Does this remind you of a similar tip of your own that’s worth passing along? Let’s hear ‘em! Bring it! Leave a comment!
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14 Comment(s)
By Robert fronk (2 comments) | Reply
Good one! Sometimes the simplest solutions are the most overlooked.
By Cola (1 comments) | Reply
Homage paid smells like: “In the Year 2000/3000″ – Late Night with Conan O’Brien & The Tonight Show with Conan O’Brien
Thanks for the landlord tips Chris & JP.
By Bradley (9 comments) | Reply
Great Info. Thanks!
You rock again.
The homage? I have no clue. I must be too old!
By Jared (19 comments) | Reply
Great stuff Jp & Chris!! I have something to add if I may: here where I live the newspaper add is the way to go. I put the same info. in there with the deposit amount. Then I put “NO PETS NO HUD” before the phone #. This saves me a great deal of phone calls also and it fits my rental criteria. The character cost is well worth my sanity!!!
By Glenn (13 comments) | Reply
Thanks JP and Chris. Anyone who holds property would do well to spend under 4 minutes to benefit from Chris’ experience. Great technique for those who manage their own properties, offering great time leverage.
By Glenn (13 comments) | Reply
Ooops . . . As already noted by Cola above, ‘Late Night with Conan O’Brien’. This reminds me . . . we need to locate that crude little dog with the cigar!
By JP Moses (111 comments) | Reply
Ah yes, Glenn! Triumph the Insult Dog would be an EXCEPTIONAL addition to the REI Tips videos! Great idea…FOR ME TO POOP ON!
…jp
By Ryan (3 comments) | Reply
Great tip! Here’s another one..
When I sell a property, I use a toll-free recorded message, or sometimes a LOCAL free number (from google) with a mailbox. All it does is:
1) tell them what you’re offering
2) they only leave you a message if they’re serious
3) you can have the voicemail sent directly to your email (my cell phone).
If you’re desperate, call back the people who didn’t leave a message and ask what they want.
Keep sending the good tips. They’re helpful!
Ryan Thompson
Ryan´s last blog ..My First Online Income Experiences
By Ryan (3 comments) | Reply
I’m implying that someone could *try* this with RENTING a unit too, of course. If anyone has, reply to me and let me know how it goes!
I did this with a rent-to-own (lease option) a couple years ago as well, and my phone went crazy. Only about 33% of them left messages and that was plenty for me!
Thanks,
Ryan
Ryan´s last blog ..My First Online Income Experiences
By Garland Ferguson (1 comments) | Reply
JP/Chris,
That’s and excellent idea and I’ll be implementing it on a property I have available for rent.
Thanks and keep the ideas coming
Garland
By Bobby (7 comments) | Reply
I’d throw the lease info (six month, month-to-month) on the sign as well. Furnished/unfurnished might be good.
Bobby´s last blog ..About Us
By Neil Skip Hire (1 comments) | Reply
I’m a newbie as are probably a few others reading this blog so thanks a million for sharing your knowledge.
By Jewel (1 comments) | Reply
This is a great idea to manage those unwanted propsective clients.. Thank you for the inspiration! I shall implement these sooN!
Jewel´s last blog ..Spring Birthday Parties Come Rain or Shine
By Jay Dorrian (1 comments) | Reply
its all about the simple things….