Property Management News
By Jason Kogok, Author of Plug the Holes Fill the Barrel The best investors have one thing in common – excellent tenant management skills. If you’ve ever owned rental property, whether it be a single house or large apartment complex, you know firsthand that a good tenant is worth their weight in gold. Some of us also know that a bad tenant can make you reconsider even investing at all. Over decades of investing, I’ve learned a few tips that may help you in your journey. For me, to really perfect the art of tenant management, you need to master three traits. Those are: Being proactive instead of reactive when it comes to repairs, Doing an in-depth qualification process... Read more
Offering a positive resident experience benefits many areas of your business, especially renter retention and acquisition. There are many ways to create a great living...
Making a lump-sum payment opens a lot of doors for you So you’ve come into some extra money. Congratulations! Now you might be wondering about the best use for it....
Landlords can increase a tenant’s rent, but exactly when and how much varies quite a bit. With inflation high, the cost of just about everything is rising –...
The real estate market is highly competitive. You are constantly battling with other agents to get the most reputable tenant for your property. If your property is...
The average cost of private college has nearly doubled over the past thirty years, and public college is up by about 150%. Families have little power over what they pay for tuition. But they can control living expenses — a budget line that averages between $12,000 and $13,600 a year for on-campus room and board. To save (and sometimes make) money, some families choose to skip the dorm and dining hall and instead buy a home for their college-aged child to study and sleep. The benefits are pretty straightforward: Your student can live with friends, who pay rent. That covers your child’s expenses, and it ideally covers the property’s expenses. At graduation, your kid leaves with a... Read more
By Anthony Russell, Author of Leadership for Landlords: Property Leadership Handbook for the Modern Landlord Anyone that does this job long enough will eventually...
AI- and machine learning-based virtual leasing assistants create greater onsite efficiencies, performance Momentum for using a centralized leasing strategy continues in...
A new survey shows that single-family renters may be more likely to move in the next year than apartment renters, and there are some key reasons why. Property...
By Norm Spivey, Author of Collect Rent, Don’t Pay It!: A Beginner’s Guide to Rental Property Investing It’s hard to put a price tag on personal time and...
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