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Jake and Gino Multifamily Investing Entrepreneurs

Three Pillars Of Vacancy | Property Management 101

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5831 Ratings

🗓️ 2 January 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Are you a property manager or an apartment owner struggling with vacancies? Then this video is for you! Learn the top reasons why apartments can remain vacant, and how to prevent it from happening. From rents that are too high to poor marketing strategies, we'll explain what could be causing your vacancy woes. Get ready to take actionable steps towards filling your units faster — watch this video now! We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting #multifamily #realestateinvesting #commercialrealestate #loopnet #costart #biggerpockets #realestateinvest #multifamilyapartment #apartmentbuildings #multifamilydeals #multifamilyanalysis #analyzemultifamily #Multifamilyunderwriting #multifamilycommunity #multifamilyinvestors

Transcript

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0:00.0

Hello,

0:07.0

Hello,

0:08.0

Jake and Gino here, and today Hello,

0:23.8

All right, Jake and Gino here.

0:24.7

And today we're discussing the three pillars of vacancy.

0:28.7

Why?

0:29.5

Because it's very relevant right now.

0:31.3

The past two years have been some of the easiest times to lease an apartment in the history of leasing apartments.

0:40.3

Period.

0:41.3

Now, interest rates are up.

0:43.3

What does that mean?

0:44.5

Economy is softening.

0:47.4

There's probably not as much to, let's say, no irrational exuberance going on right now.

0:55.8

It was crazy.

0:56.8

People were throwing money at us.

0:58.0

Hey, can we just rent an apartment from you?

0:59.3

We'll take whatever you have.

1:00.8

That has changed.

1:02.3

Okay.

1:03.1

Property managers have had a rude awakening and now need to get back to selling and providing value four and two prospective residents.

1:12.7

So gone are the days of sight and seen and I'll take whatever you have available.

1:17.4

Now, today, guess what?

...

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