Positive reviews are a gold mine for landlords of short-term rentals. The market is saturated with short-term rentals, so landlords need to take extra measures to ensure that they stay competitive.
They need to make their property attractive to... (Read More)
When it comes to running a commercial property, it's important to know who takes care of maintenance issues as they arise. What things is the landlord accountable for and what things fall on the renter?
These types of decisions should be made... (Read More)
It's an unfortunate reality, but in many HOAs, a handful of people carry the load for the rest of the board. Those high-achievers can get burned out. (Who doesn't from time to time, right?)
What can you do to prevent burnout in the first place... (Read More)
So, you've been asked to join your HOA board. Congrats! You may feel like this is unfamiliar territory. That's understandable, but you'll feel more ease with experience under your belt. But right now your job is to observe and absorb information... (Read More)
The condition and appearance of your exterior sends a message to prospective tenants and their customers. What's your's saying?
You might be conveying the wrong message and it could cost you. One study, published in APCBEE Procedia, shown on a... (Read More)
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)
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)
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)
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)
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)