One of the biggest benefits of hiring a property management company is that you can lean on them to handle day-to-day rental operations. This allows you, the property owner, to focus efforts on boosting profits, instead of handling the minutiae or... (Read More)
What did it feel like when you were elected to your association's board? What were your goals? Why did you agree to serve? Does the reality of the responsibility align with your vision of the work?
Board members may be able to leverage their... (Read More)
Being a commercial landlord goes way beyond owning an investment property and renting it out to tenants. There are things that can make you an excellent landlord and aid in your success.
Here are six things great landlords excel at:
1. A... (Read More)
When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
Protecting our homes and loved ones is a major concern for most families in neighborhoods. The basics like deadbolts, alarm systems and proper lighting can go a long way in deterring criminals from even attempting to burglarize a home. But it’s... (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)
About 30 percent of Americans suffer from allergies, according to WebMD. That's nothing to sneeze at, pardon the pun! Itchy, watery eyes, runny noses, sneezing and other symptoms can be annoying at best.
What does this have to do with your... (Read More)
Let's take a minute to talk about tenants. We know that finding the right tenants is good for business. As a commercial landlord, you're aware that locating those perfect-fit tenants is easier said than done. But, we hope you know it's not... (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)
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)