Avoiding vacancy and retaining tenants in a competitive market is sometimes an uphill battle. Although moving is expensive, it is not always enough to deter tenants from leaving for a perceived better deal. Many multi-family rental owners are familiar with the term “rental concession” as a tool to make their property stand out from the […]
Tag Archives: incentives to re-sign lease
14
Oct
Oct
Throughout the rental industry, great tenants are worth their weight in gold. Whether it is paying on time, quickly reporting issues, or showing general respect for your property, these are the occupants you want to find and keep as a landlord. But as the rental housing market grows more and more competitive, keeping those great […]
09
Sep
Sep
Low turnover and vacancy rates are essential to becoming a successful landlord. Renting out your home offers one of the best opportunities to build a steady stream of cash flow, should you find the right tenants for each property. Once the perfect tenants are in place, renewing their leases year to year is one of […]
26
Jun
Jun
One of the most important jobs of a property management company is to keep residents for as long as possible. Any time a property is vacant, the owner is losing money. Every time a tenant renews his or her lease, the landlord, management company, and occupants all benefit. You need to work hard to set […]