This great new info-graphic from our friends at The KCM Blog shows visually that landlords are getting special again.

100% of markets tracked saw an increase in rents this quarter.

As landlords, we go through periods where we don’t feel very special (the recent recessionary years come to mind).

And then we have periods when we feel very special…when rents are rising and units fill fast (and banks lend us money)!

I signed leases with highest-ever rents on 6 different properties in the past month – both homes and apartments.

There were feeding-frenzies with multiple applicants on each of those properties.  The feeding-frenzies repeated even though I made pretty big rent increases on all the homes and apartments that turned over.

Several times I had to take the ads down within 24-48 hours of posting to get the phone to quit ringing.

I figured the rents must be too low.

Each time the feeding-frenzie happened, I re-researched the market and raised the rents again.

This is a great problem 🙂