Property Management News
Tenant problems plague landlords every day. While lower rents obviously affect a landlord’s profitability, evictions are also expensive and can cost a landlord time, money, and resource to conduct. In addition to the basic turnover expenses such as marketing, lost rent, new paint, and appliance repairs, attorneys’ fees for evicting a tenant can be outrageous. Also, a tenant may vent his or her anger by purposefully damaging the property. Whether you’ve been a landlord for much of your life or you’re preparing to rent out your very first property, it is important to understand that you may need to go through the eviction process at some point during your career. Even if you’re... Read more
Even in a healthy economy, residential rent receivables written off as uncollectible by operators remain at high levels. Rents and damages sent for collections,...
In the ever-evolving cat-and-mouse game between landlords and renters, the latter have been getting the upper hand in several cities. Laws that guarantee a lawyer to...
Innovative household products, smart technology and improved amenities are all changing how residents experience apartment living. But how can property owners raise the...
6 tips for setting rents so that you can be sure you are not over-pricing or under-pricing your rental housing in your market. By Rentometer Whether you own or manage...
No matter what your goals are in 2020 personally or as an independent landlord, a few DIY tips and hacks can help your rental properties and business save money this year. You should always look for ways to maximize your profitability, and to get the best ROI on your property investment, you need to be sure to invest in trustworthy and reliable tenants, organization and education. Starting these habits in the first quarter of the year will allow you to look back at the end and see the progress and dollars saved. Without further ado, here are my top eight tips landlords can use to save money: 1. Screen your tenants. This cannot be stressed enough — protecting your properties, and therefore... Read more
Time. We’re all trying to get some of it back in our day. In an age where we are now accustomed to getting answers to almost any question just by asking it out...
To find the hottest design trend in Los Angeles right now, look no further than your own backyard. In 2017, when California relaxed the rules for obtaining building...
To ensure longevity of your HVAC system it is essential to replace the air filter(s) on schedule. Filters left unattended past expiration can cause unnecessary and...
Canton landlords have the second-highest eviction rate among mid-sized cities in Ohio and it isn’t easy getting rid of a tenant, even when one isn’t on the...
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