Success in the Rain. Doing Rentals Mike Cooper's way
Maya did such an amazing job with a simple idea that I just had to re-blog this one. Take a look at her phenomenal success here, and maybe you can duplicate it with the same results. Enjoy, and if you'd like to comment, please do it on Maya's blog. She would really appreciate it!!
Success in the Rain – Doing it Mike Cooper’s way.
Mike Cooper wrote a blog “Commissions are not the only source of income for Realtors”. Mike made seven suggestions of different ways for realtors to make money outside of real estate sales commissions. One caught my eye and my imagination: “Finding tenants for listed rentals”. Mike wrote that he advertised every Friday that he had available rentals. I went a step further.
I created a website (www.homeviewsca.com) with my own idx links where people could search for all rentals in the greater Long Beach area. And I place an ad on Craigs List every day. One example of my ads is at https://post.craigslist.org/manage/2494923383. I have three ads I rotate through craigs list.
My results have been incredible. I get 5 to 7 calls a day from people wanting to see rentals. 15 minutes to show the property and take the rental application. About 3 applications are accepted every day and I make about $500-1000 a day just from the rentals. Nice income.
But there is more to it. I have converted three of these would be renters to would be buyers. We have them pre-approved for a loan and now have to find homes.
Great returns for reading a blog and some time creating the ads and the website. Thanks Mike Cooper.
Search For Long Beach Homes For Sale Here
Maya Swamy, Ph.D
The No Excuses Realtor
List! Buy! Save!
323.230.9775
maya@listbuysave.com
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