The Secret to Buy & Hold: How to Squash Vacancies by Understanding Demand

by Brett Lee

If you want to be exceptional in buy and hold investing, there is one thing you have to do: Spend less time shopping for good deals and more time understanding what people really want.

Let’s face it, people pay for what they want. If you give them what they want, you get paid. Even if you save a lot of money or get a good deal on a house, it won’t matter unless someone wants to pay you for it.

Imagine how easy it would be having 20-30 applicants every time you post your rental. You could pick only the best tenants, charge whatever you want and never have to spend time or money advertising. Renters will beg you to take their money. It’s a beautiful thing.

I’m going to tell you exactly how to figure out what people want so you can be exceptional and not waste time, effort or money on a “good deal” that will cause you a lot of trouble later. It all comes down to demand.

How to Determine Short Term Demand

Find out what people want right now.

  • Call every local rental agency/apartment complex and ask how often 1, 2 and 3 bedrooms become available. If all 3 bedrooms are sold out around town and they don’t come up often, invest in 3 bedrooms. That’s what people want.
  • Call Craigslist ads for different sized homes in an area and ask how many applicants they usually have and how often they have vacancies. Most landlords are happy to share their experience with you. Let them brag a little.
  • Put up several Craigslist ads with different types of properties you were thinking of investing in and see how many people reply.
  • Find the most expensive rentals and see how their vacancy rates compare to cheap rentals. Is there a need for high end rentals or more affordable rentals? Buy what people demand.

How to Determine Long Term Demand

Real estate is anything but static. It’s a fast paced roller coaster ride that’s always changing. If you understand how it works, the bumps and dips will be exhilarating. So how do you know what people might want in the future?

  • The U.S. Census will give you statistics on all population demographics and even rent vs. own and vacancy rates for an area. It’s all done for you. Have a look at how the population and economics are changing over time. How will your rental meet that demand? How will the changes impact rental rates and property values in the years to come? What do you need to do to stay on top?
  • Go to your city’s website right now. Are they giving incentives for low-income housing, small business start ups or even residential and multi-unit construction in a certain area? Are they changing the zoning to encourage growth? Check for recently issued building permits. What are the permits for, who applied for them and what does that mean for the area? Look at the proposed general plan. How is the city changing to meet the expected demands of the future? What can you do to stay ahead of demand?

When is Rental Demand the Highest?

Knowing when most people move in your area is also important. In general people move in the spring and fall. Make sure your leases start and end during these prime times to increase the demand and optimize prices. I do college housing and if a lease ends a week before classes start, I can get 25 calls an hour after posting it. If the lease ends mid-semester the phone is silent.

  • Call a property manager/apartment complex, and ask when they have the most vacancies.
  • Call landlords posting houses for rent online and ask when demand is the highest and how many applicants they usually have.
  • Look at the local population and economy. Is there a time of year that people are more likely to move? Why?


The most important thing you can do when investing in real estate is homework. It’s all supply and demand. The steps above take a few hours to complete, but the benefits last for the rest of your life. Don’t get into the trap of looking for good deals. Find out what people want, then look for good deals.

To stay on top you’ll have to do these steps every year. Put it in your calendar right now so you don’t forget. If you stay ahead of the competition and give people what they want, you’ll always be exceptional.

How did you decide which buy and hold properties to invest in? Do you research your market demand extensively before you buy?

Leave a comment below, and let’s discuss!

Interested in Finding out More? Reach out below

Shawn Ireland

Phone: 913-225-6231


Address: 1415 Main St. #823, Grandview, MO 64030


Facebook: @IrelandInvestmentsLLC/

Instagram: @irelandinvestmentsllc

Twitter: @IrelandLlc


Ireland Investments llc

This information is intended only for the use of the intended recipient(s) and it may be privileged and confidential. Please note that any views or opinions presented in this post are solely those of the author and do not necessarily represent those of the company. This is reposted information and is not original thought of Ireland Investments or anyone associated with the business.

Popular areas we service;

Kansas city Missouri, Overland Park Kansas, Kansas city Kansas, Olathe Kansas, Independence Missouri, Shawnee Kansas, Blue Springs Missouri, Lenexa Kansas, Leavenworth, Kansas, Leawood Kansas, Liberty Missouri, Raytown Missouri, Gladstone Missouri, Grandview Missouri, Belton Missouri, Prairie Village Kansas, Gardner Kansas, Raymore Missouri, Grain Valley Missouri, Ottawa, Kansas, Lansing Kansas, Excelsior Springs Missouri, Merriam Kansas, Harrisonville Missouri, Cameron Missouri, Mission Kansas, Kearney Missouri, Smithville Missouri, Pleasant Hill Missouri, Oak Grove Missouri, Bonner Springs Kansas, Roeland Park Kansas, Parkville Missouri, De Soto Kansas, Richmond Missouri, Greenwood Missouri, Paola Kansas, Basehor Kansas, Tonganoxie Kansas, Odessa Missouri, Peculiar Missouri, Platte City, Missouri, Higginsville Missouri, Lexington Missouri, Edwardsville Kansas, North Kansas City Missouri, Osawatomie Kansas, Louisburg Kansas, Fairway Kansas, Mission Hills Kansas, Sugar Creek Missouri, Riverside Missouri, Buckner Missouri, Pleasant Valley Missouri, Lawson Missouri, Plattsburg Missouri, Lake Lotawana Missouri, Weatherby Lake Missouri, Wellsville Kansas, Edgerton Kansas, Westwood Kansas, Garden City Missouri, Gower Missouri, Claycomo Missouri, Lone Jack Missouri, Drexel Missouri, Lake Tapawingo Missouri, Glenaire Missouri, Dearborn Missouri, Avondale Missouri, Osborn Missouri, Sibley Missouri, Oaks Missouri, Unity Village Missouri, Levasy Missouri, Randolf Missouri, River Bend Missouri, Jackson County Missouri, Johnson County Kansas, Clay County Missouri, Wyandotte County Kansas, Cass County Missouri, Platte County Missouri, Leavenworth County Kansas, Miami county Kansas, Lafayette County Missouri, Ray County Missouri, Clinton County Missouri, Bates County Missouri, Linn County Kansas, Caldwell County Missouri, Crossroads Real estate, 18th and vine Real estate, Hospital Hill real estate, library district real estate, longfellow real estate, dutch hill real estate, quality hill real estate, river market real estate union hill real estate, Greater downtown KCMO real estate, East Side KCMO real estate, Midtown KCMO real estate, Westport Real estate, Hyde Park real estate, Northeast KCMO real estate, Northland real estate, Plaza Real estate, South Kansas City Real estate, Fairway Kansas real estate, Kansas city Kansas real estate, Lake Quivira Kansas real estate, Lenexa Kansas real estate, Mission hills Kansas real estate, overland park Kansas real estate, prairie village Kansas real estate, Shawnee Kansas real estate, weatherby lake Missouri real estate, westwood Kansas real estate

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Website Built with

Up ↑

%d bloggers like this: