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The Best Ever CRE Show

JF2744: Raising Rent? Here's How to Keep Tenants Happy ft. Sia Senior

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 8 March 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

What’s the best way to navigate raising rents with your current tenants? Sia Senior, Principal and asset manager at Arrowhead Capital, shares with us the best ways to work with tenants during rent raises to avoid turnover and sour relationships among the community. Sian Senior | Real Estate Background Principal and asset manager at Arrowhead Capital, a real estate firm that acquires multifamily assets in the Mid-Atlantic and Southeast. Portfolio: 134 units as LP Self-manages 20+ single-family and small multifamily units 16-unit asset acquired through a JV partnership Started investing in real estate while she was a high-school math teacher. Based in: Upper Marlboro, MD Say hi to her at: www.arrowheadcap.com LinkedIn Instagram Twitter sia@arrowheadcap.com Best Ever Book: The ONE Thing: The Surprisingly Simple Truth About Extraordinary Results and The Millionaire Real Estate Investor by Gary Keller Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.3

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0:11.0

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0:35.5

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1:05.0

Deals and money.

1:06.0

We are constantly seeking deals and money as real estate investors

1:11.0

and I bet you're having a challenge right now especially with

1:15.2

deals if you're like most real estate investors because it's tough to find deals right

1:19.5

now but here's the thing there's a competitive advantage out there that when implemented it will help you accomplish your objective of getting more deals and or getting more investors.

1:29.6

And that is having a great follow-up system. Having a great follow-up is one of the keys to success in real estate and follow-up is the leading

1:37.6

CRM for real estate. This is the system you need in place so you can reach out to owners and brokers directly for

1:45.0

deals or you can follow up with your investors and you do it all in one spot.

1:49.2

The CRM makes it 10 times faster to call and text owners, then integrates those into a software so nothing

1:55.6

slips through the cracks.

1:57.1

The follow-up boss conversion system and powerful management tools help align your methods

2:02.2

and drive growth that otherwise it could have been missed and probably would have been missed.

...

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