Any landlord or property owner knows that one of the most expensive parts of a rental business is tenant turnover. Therefore, finding ways to increase tenant retention is one of the most important things a landlord can do. That said, while finding a great tenant takes work, keeping them around requires just as much, if […]
06
Jul
Jul
Whether renting an apartment or moving into a new neighborhood, establishing a good relationship with your neighbors can help you feel more a part of the community. Luckily, connecting with your neighbors doesn’t have to be complicated. In today’s post, we’ll review what makes a good neighbor and seven strategies for establishing good relationships with […]
05
Jul
Jul
Summer is approaching quickly, which means peak rental season is upon us. Now’s a popular time for tenants to look for their next home and rental owners to maximize their profits. However, you can easily miss the opportunity without a strategic plan for marketing your properties. So, today we’ve outlined how to prepare for peak […]
04
Jul
Jul
Making the right first impression is essential for both tenants and landlords. Therefore, as a property owner, providing new residents with a Tenant Welcome Letter is crucial in the rental process. Welcome letters greet residents while also providing them with vital information and policies. The move-in process can be a hectic and stressful time, so […]
03
Jul
Jul
With rising electric costs and initiatives to create sustainable energy, more people are considering the benefits of solar power. Residential solar power can be an excellent way to generate power for your rental properties for several reasons. After all, who doesn’t want to be more energy-efficient? However, considering the high costs and weather dependence, weighing […]
30
Jun
Jun
Being an out-of-town landlord presents a unique set of challenges. For instance, not only do you have to handle typical landlord tasks like performing inspections, responding to emergencies, and screening tenants properly – you have to do it all without the ability to travel to your property as needed easily. But don’t let that stop […]
29
Jun
Jun
Investing in real estate can be beneficial for several reasons, like recurring rental income, property appreciation, and tax benefits. However, you’ll want to protect your business from losses or legal liabilities. That’s why many real estate investors hold their properties under a business entity. A common business entity for real estate investors is an S […]
28
Jun
Jun
For some tenants, renting a property with a pool can be the ultimate rental property amenity. They might envision themselves hosting neighborhood barbecues near the water, spending an afternoon relaxing on a raft in the pool, or helping their kids learn how to swim. Plus, a swimming pool adds value to the property overall, which […]
27
Jun
Jun
Customer service is one of the most important aspects of running any business. If customers do not feel their needs have been addressed or their concerns heard after a service or sale, the business will not likely see returning customers. Similarly, if customers cannot quickly access solutions to problems or concerns, they will likely grow […]
26
Jun
Jun
The key to successful rental properties is great tenants. But unfortunately, finding great tenants isn’t always easy. Sure, you can post rental ads online, host an open house, or spread the word to your friends and family, but these efforts don’t always work out. However, what if you looked to your existing pool of renters […]