Steve Welty

Issue# 18

September 2024

Happy Saturday Housing Heroes!

Too many rental property owners guess their way through pricing, often leaving money on the table or dealing with vacancies. But what if you had a formula to set rents that both maximizes profit and minimizes empty units? Enter Max Rent Pricing

I put together a 60 second video talking about this. Click here or tap the thumbnail below to watch! 👇

Key Highlights of This Video 👇

Run a market analysis of similar homes that have recently rented.
Identify a 10% range (e.g., $3,000–$3,300).
Take the high end, subtract 5%, and voila—your Max Rent price ($3,135 in this case).

Find your property’s perfect price!

Are you wondering how to pinpoint the perfect rental price for your property? Setting the right rate isn’t just about covering your expenses, it’s about maximizing your investment while staying competitive in the market.

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That's it for this week! We hope you enjoyed the content and found it useful. Be sure to check your inbox next Saturday at 6 AM for our next update. Have a fantastic week!

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Steve Welty

CEO @ Good Life Property Management

DRE #01744610

5252 Balboa Ave #704, San Diego, California 92117
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