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by Howard Bell The rental demographic is changing. Are you keeping pace? The Echo-Boomers
This is a group of younger adults that grew up on the Internet, not television. They are wired, multi-cultural, and hold more traditional values than many of their parents. The largest generation of young people since the ’60s is beginning to come of age. The owner that understands this demographic will rent smarter and faster.
Empty-Nesters
Create Your Value Proposition Apartments themselves are changing. If you want to rent faster, you will need to understand what the new renter values and incorporate new design elements and amenities to make them more desirable. 5. Add Water purification systems and programmable thermostats to all units See Howard Bell’s feature, Get Your Property Rented Faster. Howard Bell PFP CCRM is the founder/editor of Your Property Path.com, featuring over 450 articles on property management, Your Property Path SF, trade talk for the San Francisco real estate industry, Your Property Path News Brief, snap news updates and real estate market info, and Your Property Path Amazon Store. Howard is a property manager in San Francisco and holds a certification in financial planning. American Apartment Owners Association offers discounts on products and services for landlords related to your real estate investment including REAL ESTATE FORMS, tenant debt collection, tenant background checks, insurance and financing. Find out more at http://www.joinaaoa.org./ Posted on Thursday, May 21st, 2009 at 1:13 pm and is filed under AAOA Forum. You can follow any responses to this entry through the RSS 2.0 feed.
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4 Responses to “The Renter Demographic: Who Are They Now?”
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These are all very helpful & creative ideas. They will definately bring in more tenants. Keep up the good work.
This is a very good article. The ideas are very helpful and creative. With which will definately bring in a lot more tenants. Excellent job!
[...] that you are an AAOA member to find out about discounts available to you. See our feature, The Renter Demographic: Who Are They Now. American Apartment Owners Association offers discounts on products and services for [...]
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