Tip #90: A Sign of the Times
Non-smoking apartments are becoming a strong preference for renters. AAOA has run a number of posts lately highlighting how to handle the transition to non-smoking rentals.
A powerful way to enforce a non-smoking policy, and to impress applicants on a tour of the property is to display no-smoking signs in all the right places — out front, in the leasing office, the elevators and stairwells.
SmartSign.com offers an impressive selection of ready-made non-smoking signs that start at $3.95 and up. The site allows you to choose a standard sign or to customize the signs for your property, and to choose from a variety of materials.
Non-smoking tenants are willing to pay more for smoke-free rental properties, and smoke-free apartments are easier and cheaper to maintain. Not to mention that liability risks also go down in non-smoking rentals. Landlords can claim their share of this growing and profitable rental market by developing and enforcing a no-smoking policy.
See last weeks Landlord Quick Tip.
American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.