Master 43 Property Manager interview questions covering tenant relations, maintenance coordination, and lease management.
Question 26 of 43
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Ryan Brown created and launched MockQuestions in 2008.
If you have leased space before, something likely jumped to mind right away! Simply tell the interviewer about that space (where is was located, what size it was, what type of tenant the space was intended for), how long it was available, and what made leasing it a challenge. Be sure to mention a couple of measures you took to try to lease it more effectively, such as posting it on websites, sending mailers, adding new signage in front of the property, etc.

Ryan Brown created and launched MockQuestions in 2008.
"The most challenging space I've had to lease was an apartment building next to a freeway. As soon as potential tenants would arrive to look at the space, they would be turned off by the noise and proximity of the freeway. The building was only about 20 years old and the units were nice with updated appliances. Ultimately, I decided that more amenities were needed in order to attract residents. I developed a plan to build out a small gym on the bottom floor, in an effort to add value to the building. The owners approved the plan and the gym was renovated. We chose not to raise the rent prices and market specifically to residents who would utilize this feature. It was a long road, but the gym renovation did eventually help us lease more apartments in the building."

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The most challenging was the last senior community I worked for. In spite of the commitment for renovations, it was dated, the parking lot was limited, and small rooms.

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It sounds like this community was a bit challenging to rent, due to a number of factors. How did you work to overcome this challenge? How did you work around the obvious imperfections of the space?
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Written by Audra Kresinske
43 Questions & Answers • Property Manager

By Audra

By Audra