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)
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)
Searching for the right tenant is a process. You need to start the search with an excellent and accurate listing. It should have clear, high-quality imagery. It should include the amenities and specifics of the property. The right rental price... (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)
Being a landlord is no small undertaking. Many critical tasks come along with the job. Some landlords, especially those who are new to the role, may not realize the breadth and depth of the work. And oversights can lead to serious legal issues in... (Read More)
Before you let renters do a walkthrough of your property, make sure it's in great condition. There are several things they will be looking for as they decide whether yours is the right property for them. Let's talk about a few of these things so you... (Read More)
You may have heard that you should treat your residential rental like you would a business. This makes sense because it is a business. You're earning money by providing something. It may look different from a typical business that sells a service or... (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)