I have heard multiple times, from clients, that the rental market is now saturated and no one can sell. Some of those clients that have mention this to me are afraid to purchase a property to rent because they do not feel they will get a renter or lease optioner.
In a saturated market to beat my competition I love to give away free stuff. For example if they, very specifically, rent on time for say three or five years I will give them a part of my equity or even a washer and dryer. If they don’t rent on time for the period I have defined they get nothing. I can even take this idea and say if they pay a little more rent and pay on time for a period of time they can get the same benefits. No one else offers this which gives me a way to beat out the competition. I get my mortgage paid until the property goes up and even may make money month to month.
What do you feel are more ways to capitalize on a saturated market and beat the competition?
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