You’ve likely already considered options like renting by the room with separate contractual leases as a method of attracting student renters. So as property owner, how do you make changes to your property itself that will attract even more of these surefire renters? Here are a few amenities that draw in higher education students.
Roughly 30% of students enrolled in traditional on-campus degree seeking programs look for off-campus housing. Students watch the budget, but aren’t looking for low-quality options that mirror cramped dormitories and cafeteria meal plans. Echo Boomers are looking for convenience and quality of life.
If you’re having trouble connecting with your residents, it might be communication error. According to nationally recognized body language expert Jan Hargrave, and many other professionals who study personality and motivational factors, only 7% of all communication is verbal. It really isn’t the words you say that creates a lasting impression, it is how you say them, your posture and your tone.
All things being relatively equal — location, square footage, access to public transit, pricing — value-add services often tip the scales in your favor when it comes to building loyalty and increasing retention among your current residents. This post about low-cost, pet-centric add-ons is the first in a series of articles about incorporating services that add value to your property and improve the resident experience.
With the latest survey from Apartments.com citing that 75 percent of US renters are unwavering pet owners, it’s not hard to see why so many tenants are looking for pet-friendly properties with value-added services and other perks for pet owners. Not many people are willing to give up their beloved Fido or Fluffy just to live at a certain rental property, and more management companies and owners are feeling the pressure to instill more pet-friendly policies to accommodate today’s growing renter population.