Statistics
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Statistics (by WMH [NC]) Jun 9, 2019 10:46 AM
       Statistics (by JB [OR]) Jun 9, 2019 10:47 AM
       Statistics (by NE [PA]) Jun 9, 2019 10:57 AM
       Statistics (by Jason [VA]) Jun 9, 2019 11:04 AM
       Statistics (by WMH [NC]) Jun 9, 2019 11:18 AM
       Statistics (by Adele [FL]) Jun 9, 2019 11:23 AM
       Statistics (by CJ [MO]) Jun 9, 2019 11:35 AM
       Statistics (by WMH [NC]) Jun 9, 2019 11:41 AM
       Statistics (by JB [OR]) Jun 9, 2019 11:45 AM
       Statistics (by ned [AL]) Jun 9, 2019 12:36 PM
       Statistics (by RB [MI]) Jun 9, 2019 1:23 PM
       Statistics (by BRAD 20,000 [IN]) Jun 9, 2019 1:36 PM
       Statistics (by Robert J [CA]) Jun 9, 2019 2:02 PM
       Statistics (by AllyM [NJ]) Jun 9, 2019 2:14 PM
       Statistics (by Jason [VA]) Jun 9, 2019 2:17 PM
       Statistics (by Hoosier [IN]) Jun 9, 2019 5:10 PM
       Statistics (by WMH [NC]) Jun 9, 2019 5:34 PM
       Statistics (by bet [MA]) Jun 9, 2019 8:47 PM
       Statistics (by GKARL [PA]) Jun 10, 2019 6:05 AM
       Statistics (by WMH [NC]) Jun 10, 2019 7:32 AM
       Statistics (by RentsDue [MA]) Jun 10, 2019 8:20 AM
       Statistics (by Oregon Woodsmoke [ID]) Jun 10, 2019 10:22 AM
       Statistics (by GKARL [PA]) Jun 10, 2019 1:01 PM
       Statistics (by Ray-N-Pa [PA]) Jun 11, 2019 6:27 PM
       Statistics (by Pmh [TX]) Jun 11, 2019 7:32 PM

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Statistics (by WMH [NC]) Posted on: Jun 9, 2019 10:46 AM
Message:

Just randomly checking my records. Out of 390 legitimate inquiries so far in 2019, meaning they filled out our pre-screening questions in full (even if they didn't qualify at all) we actually rented to 8 people. So what is that, like .02%? --50.82.xxx.xx




Statistics (by JB [OR]) Posted on: Jun 9, 2019 10:47 AM
Message:

2 percent --24.20.xxx.xxx




Statistics (by NE [PA]) Posted on: Jun 9, 2019 10:57 AM
Message:

How many units? Better rate than me for sure. I hover around 150 to 1 per unit.

Every once in a while I hit the lottery with a 2 to 1 or 1 to 1 ratio but I don't try to kid myself into that being the norm. --50.32.xxx.xx




Statistics (by Jason [VA]) Posted on: Jun 9, 2019 11:04 AM
Message:

Those are statistics of discipline that will continue to drive your success. Keep up the good work! --73.177.xxx.xx




Statistics (by WMH [NC]) Posted on: Jun 9, 2019 11:18 AM
Message:

9 units. One is still available (or just became available again due to Crazy Prospective Tenant mentioned on another thread.) It's not empty, it will be available for July 1st. --50.82.xxx.xx




Statistics (by Adele [FL]) Posted on: Jun 9, 2019 11:23 AM
Message:

Are your rents too low? That is a lot of inquiries??? --76.242.xx.xxx




Statistics (by CJ [MO]) Posted on: Jun 9, 2019 11:35 AM
Message:

We are about 1 tenan/150 inquires Like NE. We use showmojo instead of tenant turner. Some people do not read the listing description. they just want to see every unit on the market. --97.91.xxx.xxx




Statistics (by WMH [NC]) Posted on: Jun 9, 2019 11:41 AM
Message:

Adele, no we are right on the cusp of being too high. 99% of the inquiries don't qualify financially.

There is just nothing available, and what is available is too far away, or not pet-friendly, or is student housing, or is simply a scam. --50.82.xxx.xx




Statistics (by JB [OR]) Posted on: Jun 9, 2019 11:45 AM
Message:

Just checked the numbers to fill my last two vacancies and almost identical to yours. Nearly 100 inquiries...finally found two qualified prospects who wanted them and were able to pass screening. --24.20.xxx.xxx




Statistics (by ned [AL]) Posted on: Jun 9, 2019 12:36 PM
Message:

I'd say we have about 60 inquiries...maybe 20 fill out the pre-app...maybe show to 10...to fill 1 vacancy.

Average rent- $600/mo... class B --74.133.xx.xxx




Statistics (by RB [MI]) Posted on: Jun 9, 2019 1:23 PM
Message:

I hear ya on those numbers.

Screen x3. (Time and Effort) --184.53.x.xx




Statistics (by BRAD 20,000 [IN]) Posted on: Jun 9, 2019 1:36 PM
Message:

W,

Great stats! Gotta know our numbers! (Says Mr Wonderful on Shark Tank)

Most LLs donít know their numbers.

Imagine the old days when we would have dropped everything and skipped dinner with the fam to SHOW all 390 one at a time.

We used to be at 1.5% of completed apps. (Ours are free). Most recent 90 days have been 1%.

BRAD

--73.102.xxx.xxx




Statistics (by Robert J [CA]) Posted on: Jun 9, 2019 2:02 PM
Message:

I limit my advertising to a potential target market to limit my responses. I can not deal with my current tenants, repairs and government red tape with hundreds of calls or emails needing responses. When I had daily "staff" to help me -- that was a different story.

I tend to get around 20 inquiries per rented unit. That's enough for me.... --47.156.xx.xx




Statistics (by AllyM [NJ]) Posted on: Jun 9, 2019 2:14 PM
Message:

I had two replies for my current empty and the first one qualified. What's that statistic. --173.61.xxx.xx




Statistics (by Jason [VA]) Posted on: Jun 9, 2019 2:17 PM
Message:

That statistic is an overeager property manager. --73.177.xxx.xx




Statistics (by Hoosier [IN]) Posted on: Jun 9, 2019 5:10 PM
Message:

Having some "pre-screening criteria" that you can publish may reduce the "wishful thinker" applications...I know it did for me. I am around 3% due largely to implementing this process. I just list some of the "general traits of a successful applicant" and many people don't bother to apply. --99.92.xxx.xxx




Statistics (by WMH [NC]) Posted on: Jun 9, 2019 5:34 PM
Message:

Brad, I know right? Showed to anyone and anything that showed interest, and rented to too many of the losers.

Thank goodness for this website, these people, Jeffrey's course and the trainers he finds to teach us. --50.82.xxx.xx




Statistics (by bet [MA]) Posted on: Jun 9, 2019 8:47 PM
Message:

10 apts listed on zillow. This week on our online application : 500 views, 40 completed the form (7%). 300 emails from zillow. The only apt we rented in one week was from a tenant moving to different apt. The thing we are seeing is the need and interest is there but zero follow up on calling, texting, completing applications and emails. 100% applicants whining on fb pages they cant find any apts. --73.227.xxx.xxx




Statistics (by GKARL [PA]) Posted on: Jun 10, 2019 6:05 AM
Message:

My numbers are roughly 100 pre-screen to 1 good tenant. The ratio for inquires is much higher. I get a lot who don't respond to the request that they complete the pre-screen. Of those who do, the bulk get culled due to income, lack of job tenure and criminal history. The people complaining about the lack of apartments are also complaining about the lack of jobs. I'm not suggesting that they're totally without challenges, but most either aren't willing or don't know how to go about getting either. --209.122.xx.xxx




Statistics (by WMH [NC]) Posted on: Jun 10, 2019 7:32 AM
Message:

Gkarl, don't even bother to try to count those who FB, "Interested!" or "Is this available?" Or words to that effect with ZERO follow-up... --50.82.xxx.xx




Statistics (by RentsDue [MA]) Posted on: Jun 10, 2019 8:20 AM
Message:

Getting 1 qualified renter out of every 100 replies. Most donít qualify because of income and/or previous eviction. --71.10.xxx.xxx




Statistics (by Oregon Woodsmoke [ID]) Posted on: Jun 10, 2019 10:22 AM
Message:

In Oregon, I'd get 150 inquiries, 30 would make appointments to view. 20 of those would show up, 10 fill out an application, and only one would qualify.

In Idaho, a much more expensive rental, about 30 inquiries, 5 would make an appointment and never show up. 2 would actually view, and one of them would qualify.

When rentals are tight, tenants that no landlord will take go around and apply for every vacancy whether they can afford it or not.

I seem to be getting 2-3 ESA or service animal requests with each vacancy, always a breed of dog that my insurance company won't accept. --98.146.xxx.xxx




Statistics (by GKARL [PA]) Posted on: Jun 10, 2019 1:01 PM
Message:

WMH, If I counted all of those, the number would be at least 300 to 1 --64.121.xxx.xxx




Statistics (by Ray-N-Pa [PA]) Posted on: Jun 11, 2019 6:27 PM
Message:

The stat that seems to amaze me - the number people who ask - Will you work with on this place....about 50% of those who call on my Class C places

I answer yes.

You will pay the deposit and first months rent after you qualify, and you will get keys and everything works out.

I would be interested in learning how people make out with that reduced deposit trick at the convention - but most of the people who are asking don't seem like they would qualify normally either....but you never know --24.101.xxx.xx




Statistics (by Pmh [TX]) Posted on: Jun 11, 2019 7:32 PM
Message:

390 applicants means you are wasting time. set your parameters higher. --107.77.xxx.xxx



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