Water and energy conservation are at the forefront of many peoples’ minds. As the cost of energy continues to rise, major droughts are also becoming a real threat in regions all across the country. Thus, as the number of people wanting to become environmentally friendly with their daily activities increases, it is important as a rental property […]
Tag Archives: Tips for Landlords
There are several ways to pay rent, whether you bring a check to your landlord or pay online using a debit or credit card. That said, there are pros and cons to each method. Seeing your landlord or property manager in person and handing them a check for your rent payment can make you feel […]
You may feel that investing in energy efficiency for your rental properties is not the best use of time and money. After all, you are not the one living in the property and, therefore, will not reap any of the benefits. However, you couldn’t be more wrong. Today, we’ll go over nine ways to increase […]
Getting into the rental property business is exciting, especially if you are a new landlord. With the dream of making money, whether just to supplement your current income or become financially independent from the grind of the corporate world, there is much to look forward to! Luckily, most people who make rental property investments succeed […]
Fall and winter are full of fun festivities, but for landlords, the changing weather signals the start of the offseason. While the slower months are advantageous if owners want to focus on sprucing up their rental, marketing can prove challenging. In a time where leads are not pouring in as they did over the Summer, […]
When thinking about your dream tenant, have you ever considered a travel nurse? Many traveling healthcare professionals need short-term accommodations for their ever-changing job placements. So, if you own rental properties, you may consider marketing and advertising to travel nurses or other healthcare professionals. If this interests you, read along as we review some of […]
Addressing tenant maintenance concerns in a timely manner is often more important to your tenants than anything else you or your property management company can do. In fact, it can be more critical than reasonable rental rates, amenities, or move-in incentives like cash or discounts. As such, it’s important to keep your tenants happy by providing […]
The goal of every real estate investor is to make money! That said, tracking and evaluating that investment is critical to success. Property management firms and landlords alike turn to rent rolls as a means to do just that. So, what is a rent roll, and how will it help property owners drill down into […]
Coming up with a lease agreement that’s fair and feasible for both landlords and tenants can be challenging. Terms you may think are fair may not align with what a tenant wants in a rental property. However, if they’re a responsible tenant with an excellent rental history, you may be open to negotiating lease terms […]
Now more than ever, individuals are concerned with economic security. Investing in rental properties has the potential to be quite lucrative, but only if done the right way. That said, successful landlords often share the same traits and business practices that help them achieve their financial goals. Property management takes time, effort, preparedness, and solid […]