Property Management News

How to Increase Rent and Boost Your Rental Income

Landlords looking to increase rent often have the fear of losing good tenants. Obviously, you want to retain qualified tenants, so you might not want to raise the rent. But increasing costs, such as insurance, utilities, taxes, and expenses, eat into profits. So how can landlords provide value to their tenants that justify rent increases? In this article, we discuss alternative ways to earn money from your rentals. We also share tips on how to attract interest from tenants and how to go about providing proper notice before a rent increase. Can a Landlord Increase Rent? Yes, landlords can increase the rent when a fixed-term lease comes to end, unless the lease has terms and conditions that... Read more

In recent years, the real estate market has emerged as a popular avenue for investors seeking to diversify their portfolios and build long-term wealth. Among the...

Peak leasing season is over.  How do you feel about your occupancy? If your community follows typical seasonality patterns, you probably feel good about your...

Key Takeaways: The BRRRR method is a powerful strategy for real estate investing that involves buying distressed properties at a good value, rehabbing them to...

89% of renters said they require a tour before signing a lease. Some Rent. clients with tour capabilities see up to 5x higher quality leads. Renters wanted flexible...

How to Instantly Increase Traffic to Your...

Getting traffic—whether it’s to your website or through the front door of your leasing office—is always a priority for multifamily marketers. One of the easiest (and free!) ways to increase traffic to your apartment community is to apply local search channels in your marketing strategy. As most renters tend to move within 100 miles of their previous residence, and use navigational apps on their phones to perform discovery searches of apartments within a certain location (especially if they’re moving into that area), you can better compete for their attention and increase traffic by prioritizing your apartments’ local search presence.  In this blog: What is... Read more

Even if you’re already completed your community budgets, it’s smart to review them at the end of the year. Most savvy multifamily owners, operators...

In the dynamic world of U.S. real estate, the housing market’s ebbs and flows have become a focal point for investors and economic analysts alike. With property...

Multifamily has maintained its status as the best performing and most resilient asset class through economic cycles. Market conditions continue to change at a pace...

As we approach the end of 2023, it’s a crucial time for passive investors in multifamily real estate to consider some strategic financial decisions. This year is...