Postcards to Michigan Renters
I just finished a series of 7 postcards for Nora and Nora that they are mailing out to renters to deal our present and future houses. These postcards are going to high end renters – paying $800 to $1000 per month.
I used to live in Novi at 9 Mile Road and Haggerty. That apartment complex has 290 units - $950 per month – 2 bedrooms, 2 bathrooms, and private entrance. It is people who are gladly paying almost a grand a month to rent rent out 93% occupied meaning 270 units.
If you can get a 3% response out of these 270 units – that is 8 deals – average profit $20,000 per deal – you are looking at $160,000 net profit.
So you can understand that I spent the entire morning doing these postcards. And by the way that is just one apartment complex – there are dozens of these apartments in the suburbs no matter where you live in Michigan. You can check out www.apartments.com or www.rent.com to see what is available in your area.
I am going to write a little bit later – Sorry! Cant give away the house here, I did spent 4 hours developing these so this stuff is proprietary– to give you some ideas of your own what you can try in your Michigan city.
But there is another big secret here that I just gave you. Can you guess what it is?
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