Top 10 Ways to Increase Your Rental Cash Flow – June 8

Mr. Landlord, Jeffrey Taylor, shares his newest info and technology to fill our vacancies faster, keep good tenants longer, and maximize the rent we get.  Current and future landlords (and anyone who loves ideas to grow their business) can’t afford to miss REIN’s June 8 Featured Presentation.  Mr. Landlord will teach us:

– How to keep tenants living in and paying for our rental units for 3 to 5 years – consistently

– How to fill our vacancies in 72 hours or less – with great tenants

– How to train our tenants about what we expect – before we hand over the keys – and how this means an easier, more profitable business for us.

Jeffrey Taylor has owned and managed rental property for over 30 years.  One investor says: “Jeffrey is a consumate researcher and shares the latest management ideas and solutions from rental owners and managers across the country in order to help landlords achieve maximum control of their properties, maximum rental income, maximum resident retention and cooperation and to simply make the most of the assets that God has given you!”

Make your plans now to attend – and bring a friend.

April Market Update – from Chandler Reports

Davidson County
Home sales were up 12% in April with 1,404 sales recorded for the month compared to 1,252 recorded in April of last year.

Average sales prices were up 11% to $254,545 from $228,525 last April.

Year-to-date home sales are up 18% and average home sales prices are up 13% from the same period in 2014.

Antioch (37013) had the most home sales for the month with 157 recorded averaging $151,987.

Oak Hill (37220) had the highest average sales price of $687,127 across 12 sales.

40% of home sales were between $100,000-$199,999.

Home sales over $1 million were down 28% from last April with 13 recorded for the month compared to 18 recorded last year.

The Top Lenders based on all loans, residential and commercial, were Regions Bank with 132 loans, SunTrust Bank with 110 loans and Franklin Synergy Bank with 109 loans.

Rutherford County
April home sales were down 13% with 492 sales recorded compared to 567 recorded last year.

Average sales prices were up 5% to $188,301

Year-to-date home sales are up 7% and average sales prices are up 8%.

Murfreesboro (37128) claimed the most home sales for the month with 142 sales averaging $203,766.

Nolensville (37135) had the highest average sales price of $290,000 across 2 sales.

59% of home sales were between $100,000-$199,999.

Home sales over $300,000 were unchanged from last year with 47 recorded for the month.

Williamson County
Home sales were up 9% with 499 sales recorded for the month compared to 459 recorded last April.

Average sale prices were up 9%, to $445,024, compared to $408,219 last year.

Year-to-date home sales are up 4% and average sales prices are up 8% from the same period in 2014.

Franklin West (37064) had the most home sales for the month with 138 sales recorded averaging $408,381.

Bellevue (37221) had the highest average sales price of $753,528 across 5 sales.

Home sales over $1 million were up 31% from April 2014 with 21 recorded for the month compared to 16 recorded last year.

24% of home sales were between $300,000-$399,999.

Wilson County
Home sales were down 7% with 250 recorded for the month compared to 269 recorded last year.

The average sales price was up 11%, to $250,858, compared to $225,109 last April.

Year-to-date home sales are up 5% and average sales prices are up 11% from the same period last year.

Mount Juliet (37122) recorded the most home sales for the month and the highest average sales price with 140 sales averaging $275,393.

44% of home sales were valued between $150,000-$249,999.

Pete Fortunato: How to Do Deals that Others Can’t

Pete Fortunato teaches REIN How to Do Deals Others Can’t at our May General Meeting, May 11 in Nashville. I really don’t know how to state strongly enough how awesome Pete Fortunato is. His creative deal-making strategies go so far beyond the usual “subject to, lease/option, seller finance” stuff we hear every day that he’s truly unique in the education world; plus, he’s got 45 years of experience to back up what he says. Be there.  And bring a friend.  Click here for more info and to register.

Become a House Monster: Gobble up all the houses you want

Most real estate investors think the way to riches in real estate is to buy a property, fix it up, sell it, and cash the big fat check then do it again.

Do it again?  Start all over and do it again?  That sounds like WORK. That’s not what investing is.

Read more and pre-register here.

James Hardie Building Products supports REIN Members

Welcome James Hardie Building Products to REIN!   You’ll see some amazing folks at REIN with the James Hardie Team: Joshua, Christian, Francis, Jeremy, and Joe.  These guys provide building products on some of the country’s best homes.  Get to know them.  Find out how they can help you increase value in your investment properties.  www.jameshardie.com