Portfolio Growth

Increasing occupancy rate with great tenants

Understanding, budgeting, and accurately tracking your tenant-related expenses will allow you to streamline your processes and increase your profitability.

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Increase Your Occupancy Rates For Improved Profitability

Finding and managing tenants is time-consuming and costly. There are rental listings to create, showings to organize, tenant screenings to manage, property maintenance to deal with, and a whole host of additional tasks and costs. However, managing your tenants poorly can result in drawn-out vacancy periods which on average cost you upwards of $2,000 per month.

Thankfully there are a few things you can do to mitigate tenant management costs and keep your occupancy rate high, potentially saving your business thousands of dollars.

Episode 4: Self-managing tenants for a profitable rental portfolio with Kim Avant-Babb

In this episode of the profitable rental portfolio, Logan interviews the fantastic Kim Avant-Babb and discusses how she manages to keep her tenant relationships as stress-free as possible and has achieved a 0% vacancy rate over her 30 year investing career.

Kim Avant-Babb

Real Estate Investor

Clear communications and the right tools are essential Kim advises, "Landlording is a skillset, and without the right skills, it can lead to missteps, frustration, stress, and lost revenue."

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