Have you been mulling over the idea of allowing tenants to pay their rent online? If so, take the time to read this blog. In it, we discuss several benefits of online rental payments.
1. It helps you stay competitive
In this day and age, many... (Read More)
One of the biggest benefits of hiring a property management company is that you can lean on them to handle day-to-day rental operations. This allows you, the property owner, to focus efforts on boosting profits, instead of handling the minutiae or... (Read More)
When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
As a landlord, you know the job description is never the same. It's unlike a 9 to 5, where you clock in and clock out. It's a responsibility that changes day by day. Some days, things go well and you may not have to do much. Other days, you feel... (Read More)
You may have heard that you should treat your residential rental like you would a business. This makes sense because it is a business. You're earning money by providing something. It may look different from a typical business that sells a service or... (Read More)
Showing tenant appreciation isn't just good for the tenants, it's also good for the landlord. By letting tenants know how grateful you are for them, it can improve their satisfaction and your retention rates. And, we know better retention rates are... (Read More)
Are you struggling with high turnover or low occupancy in your rental units? Your strategy (or lack thereof) may be to blame. Your marketing should be active, not passive. Hint: a basic "for rent" sign won't do. Following are effective and creative... (Read More)
As a landlord, you know that staying on top of all the responsibilities associated with managing rental properties can be a difficult task. Even if you have a small team to help you out, managing your property or properties can be a huge headache... (Read More)
Are you struggling with high turnover or low occupancy in your rental units? Your strategy (or lack-thereof) may be to blame. Your marketing should be active, not passive. Hint: a basic "for rent" sign won't do. Following are effective and creative... (Read More)
Effective communication is key to establishing a healthy tenant-landlord relationship. Misunderstandings often happen in our personal and professional lives. When things aren't clearly spelled out, they're left up to interpretation, which can result... (Read More)