If you own a rental property in Philly, you might know that over a quarter of your state’s population is comprised of millennials. As such, marketing your vacant rental properties specifically to millennials should be a priority. Today, we’ll go over why you should market your Philly rental to millennials and how to highlight your rental’s best features. […]
Tag Archives: tenants
20
Jan
Jan
First impressions are vitally important in business. For landlords, this begins the very first time a prospective tenant reaches out. To create a great landlord-tenant relationship, the goal is to continually foster positive interactions, including during move-in. Providing new residents with a tenant welcome packet can help set the tone for the rest of the […]
02
Nov
Nov
Rent increases are a normal and even expected part of any rental property business. Moreover, unless local law includes rent control policies, landlords are free to increase the rent as they see fit. While the goal for all investors is to make money, relying on rent increases to do so can easily backfire. Instead, […]
22
Sep
Sep
Normal wear and tear are something every landlord must deal with at one point or another. On the other hand, handling tenant damage is a different process entirely. In many cases, determining the difference between normal wear and tear versus tenant damage is a fine line. In addition, this can be a significant source […]
15
Jul
Jul
Being a landlord is not a 9 to 5, Monday through Friday job. That said, being a rental owner comes with both pros and cons. Plus, there are times when working in a non-traditional industry such as real estate can wreak havoc on your schedule. For example, one of the common disruptions for landlords […]
13
Jul
Jul
Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]
06
Oct
Oct
Learning how to retain your tenants, and encouraging them to sign lease renewals, is something all successful property owners do. In fact, learning this skill early on saves you time and money in the long run. When tenants renew, you eliminate the need to advertise a vacancy, screen for new tenants, draft a new […]
26
Dec
Dec
As a rental property owner, it is your job to find ways to screen for the right kind of tenants to lease your Bel Air property. This is especially true if you want to become a successful landlord. While screening, you might look for high quality tenants with good paying jobs, that have the ability […]
28
Nov
Nov
First impressions are a big deal when it comes to moving tenants into your Philadelphia rental property. In fact, the way in which you handle the entire move-in process is sure to set the tone for the entire lease term. If you want an easy way to impress your new tenants, make them feel welcome […]
27
Nov
Nov
Requiring your tenants to have renters insurance is one of the best ways to protect yourself, your Abingdon rental property, and your tenants. Unfortunately, many tenants feel that having renters insurance is not necessary. In fact, a 2016 Insurance Information Institute poll reports that only 41% of renters have renters insurance, compared to 95% of […]