Positive reviews are a gold mine for landlords of short-term rentals. The market is saturated with short-term rentals, so landlords need to take extra measures to ensure that they stay competitive.
They need to make their property attractive to... (Read More)
It’s an awkward position to be in. If just a few homeowners aren’t paying their HOA fees, it can really start to affect your financials. But what you do can be just as important as what you don't do in response to such situations. In fact, a lot... (Read More)
Are you struggling with high turnover or low occupancy in your rental units? Your strategy (or lack thereof) may be to blame. Your marketing should be active, not passive. Hint: a basic "for rent" sign won't do. Following are effective and creative... (Read More)
Showing tenant appreciation isn't just good for the tenants, it's also good for the landlord. By letting tenants know how grateful you are for them, it can improve their satisfaction and your retention rates. And, we know better retention rates are... (Read More)
While you may be a landlord because you're motivated by the income opportunity, you can't approach the tenant relationship as such. The relational aspect of renting a property can't be overstated. You need to treat it as more than a business... (Read More)
When you have a vacancy at your commercial property you'll want to take some steps to prepare it for leasing. Whether it's a new property you just purchased or you're preparing it between tenants, you should go through a series of steps before you... (Read More)
Improving board member retention starts at the beginning.
Recruit board members carefully
When you're looking for new board members, you should scout carefully. You want to find members who are invested in the association. Look for those... (Read More)
Effective communication is key to establishing a healthy tenant-landlord relationship. Misunderstandings often happen in our personal and professional lives. When things aren't clearly spelled out, they're left up to interpretation, which can result... (Read More)
As a landlord, you know that staying on top of all the responsibilities associated with managing rental properties can be a difficult task. Even if you have a small team to help you out, managing your property or properties can be a huge headache... (Read More)
We all need reminders sometimes. It's no different for tenants. You can help tenants out, enhance communication between the two of you, increase on-time rental payments and improve property maintenance by sending out helpful reminders.
Have you... (Read More)