Do you shower in the morning or at night? Do you enjoy midnight movies or early-morning breakfasts? Do you prefer 70-degree nights or something cooler?
Those are great questions to ask your traveling companions before spending your first night in... (Read More)
One way to improve occupancy rates is to allow your tenants to have roommates. However, if you go this route, you'll want to proceed with caution. The thing is, renting to roommates can come with a little more risk, which is why you want to take... (Read More)
So, you've been asked to join your HOA board. Congrats! You may feel like this is unfamiliar territory. That's understandable, but you'll feel more ease with experience under your belt. But right now your job is to observe and absorb information... (Read More)
Did you just purchase a short-term rental property? Maybe you've owned a short-term rental for years and want to enhance the visitor experience? Either way, let's discuss a few ways to identify areas for improvement.
1) Stay a few days
Whether... (Read More)
There are several ways to improve tenant retention at your commercial property. You need to screen your tenants thoroughly, in the beginning, to help you find the right ones. If you have multiple rental units, such as in a strip mall, you need to be... (Read More)
You want your tenants to be happy because happy tenants are more inclined to renew their leases. They're also more motivated to keep your property in good condition. When combined, these factors can improve your relationship for the better.
There... (Read More)
Your to-do list can get pretty long as a landlord. It's no surprise then that it's easy to fall behind when it comes to routine tasks like responding to tenant calls or handling maintenance. As a landlord, you may find yourself feeling overwhelmed... (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)
There are many traits that a successful property manager needs. One of them is being organized. Organization can help ensure your finances are handled correctly, maintenance issues are dealt with, and you manage your time adequately. There are so... (Read More)