Deaton Investment Real Estate & The Wake County Apartment Association

Tuesday, May 31, 2011

WCAA Meeting - Thursday, 6/2/11 - Is your rent high enough?

The next meeting of the Wake County Apartment Association is this Thursday night, 6/2/11. We will be meeting at a new location, Perkins Restaurant off Capital Blvd and the I-440 Beltline.

During this week's meeting I will be sharing the results of the latest Triangle Apartment Market Report from Karnes Research and TAA. The report documents a rental market that is strong and getting stronger. After reviewing the highlights (including employment data, absorption stats, vacancy rates and forecasts) we will take a close look at detailed rent comparables and trends within specific submarkets around the Triangle and Wake County. I would also like those in attendance to consider sharing a sample of their current rental rates and ideas for negotiating new leases and renewals. This group discussion and information sharing should better equip everyone to maximize revenue in the coming months.

I have had 3 different landlords/managers tell me recently that this is the best rental market they have experienced in more than 10 years. Let's make sure we seize the opportunity.

NEW Location: Perkins Restaurant off Capital at I-440 -
2657 Appliance Court
Raleigh, NC 27604

Time: Dinner and Networking 6:00 pm - 7:00 pm. Speaker 7:00 pm - 8:00 pm.
Guest are always welcome. Membership is currently $15/year.