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FirstKey Homes

MUGEN AGENCY > FirstKey Homes

Generating 650+ Leases Per Month Through Strategic Paid Acquisition

FirstKey Homes manages thousands of rental properties across multiple markets and required a scalable acquisition strategy to consistently generate qualified leasing inquiries while maximizing occupancy rates.

Mugen Agency managed over $100,000+ per month in Google Ads spend, focusing on improving lead quality, increasing lease volume, and maximizing return on advertising investment.

Industries We Serve

Single-Family Rental Homes

Property Management

Real Estate

The Challenge

The account was generating substantial traffic, but campaign efficiency and lead quality opportunities remained.

Key objectives included:

✅ Increase qualified leasing inquiries
✅ Improve lease conversion rates
✅ Reduce wasted ad spend
✅ Improve search intent targeting
✅ Scale lease volume across markets
✅ Enhance Performance Max campaign efficiency

Our Strategy

Google Search Campaign Optimization

A significant focus was placed on search term management and traffic quality.

Weekly Search Query Audits

We reviewed search term reports weekly to identify:
✅ Irrelevant renter searches
✅ Low-intent traffic
✅ Competitor-related searches
✅ Non-converting keywords
✅ Negative keyword lists were continuously expanded to eliminate wasted spend and improve campaign efficiency.

Ongoing Optimization Included:
✅ Weekly negative keyword updates
✅ Bid strategy adjustments
✅ Device performance analysis
✅ Geographic performance optimization
✅ Ad copy testing
✅ Budget reallocation toward top-performing campaigns

Performance Max Optimization

Performance Max campaigns played a critical role in scaling volume while maintaining efficiency.

Optimization Initiatives
✅ Audience signal refinement
✅ Asset group restructuring
✅ Creative testing
✅ Search category analysis
✅ Placement monitoring
✅ Conversion signal optimization
✅ Budget allocation adjustments

By continuously feeding stronger audience signals and conversion data into the platform, campaign performance improved over time while maintaining lease quality.

Conversion Rate Optimization

Traffic generation alone wasn't enough.

We worked to improve conversion rates throughout the renter journey by focusing on:
✅ Landing page experience
✅ Mobile optimization
✅ Lead form improvements
✅ Conversion tracking accuracy
✅ User experience enhancements

Results

650+ Leases Generated Per Month

Through ongoing optimization across Google Search and Performance Max campaigns, FirstKey Homes achieved consistent leasing performance at scale.

Key Outcomes

650+ Leases Per Month
Qualified renters successfully converted into signed leases.

21% Lease Rate
A strong lease conversion rate was maintained across paid acquisition campaigns.

$100,000+ Monthly Google Ads Spend Managed
Scaled efficiently while maintaining performance standards.

Reduced Wasted Ad Spend
Weekly search term analysis and negative keyword expansion improved traffic quality and campaign efficiency.

Improved Performance Max Performance
Enhanced audience targeting, asset group structure, and conversion optimization contributed to stronger campaign outcomes.

Services Provided

✅ Google Ads Management
✅ Performance Max Management
✅ Search Campaign Optimization
✅ Conversion Tracking & Attribution
✅ Landing Page Optimization
✅ Lead Generation Strategy
✅ Performance Reporting

The Takeaway

By combining disciplined search term management, weekly negative keyword optimization, Performance Max improvements, and conversion-focused campaign management, Mugen Agency helped FirstKey Homes maintain a scalable leasing engine capable of generating 650+ leases per month while supporting continued portfolio growth.

Ready to Scale Your Acquisition System?

Whether you're managing a real estate portfolio, multifamily properties, or a high-growth business, Mugen Agency builds paid acquisition systems designed to drive measurable revenue growth. Scale Without Limits.