Rental Housing Advertising Tips
When it comes to advertising your vacant rental units, there is only one way to measure an ad’s effectiveness—it’s making your phone ring! If your attempts to promote your rental property aren’t doing that, then you need to change tactics—and fast. Tracking where your inquiries come from is an important side note here. If you’re [...]
Categories: Advertising Vacant Rentals, General, Rental Housing Advertising Tips, Rental Property Advertising, Rental Property Business Tags:
Easy Tips for Managing a Property Manager
There are just as many rental property owners who wouldn’t dream of personally managing their rentals as there are landlords who would never allow a property manager to do it. As your rental property business grows, you may find it becoming too much to handle by yourself. If you’ve made the decision to turn over [...]
Categories: General, Hiring a Property Manager, managing rental property, Rental Property Management, Rental Property Mangers, Renting and Leasing Tags:
Hiring a Maintenance Company? 5 Things Landlords Should Look For
Whether hiring an outside contractor for regular maintenance, emergency repairs, or both, landlords need to know a few things first—especially if they’ve never hired a contractor before. It’s important to keep your rental properties in good working order and safe for your tenants—so having a great repair person can bring you peace for mind. Besides, [...]
Categories: Background Screening Checks, General, Hiring a Contractor, Rental Property Maintenance, Rental Property Management, Renting and Leasing Tags:
Target Women Wisely to Fill Rental Vacancies
In the home-building game, smart competitors are paying attention to what women want. And in a competitive rental market, property owners, managers, and landlords should, too. Women are signing home-buying contracts in larger numbers than ever before—up to 25% of all U.S. home purchases, according to the National Association of Realtors. If women are buying more [...]
Categories: General Tags:
In Between Tenants: A Checklist for Landlords
Congratulations—you have a new tenant for your just-vacated rental unit. And you have very little time to get it ready before move-in day. Here’s a handy checklist to follow, with every detail covered: First, make sure any trash or property left behind by the previous tenant is removed. Whether you hold it for the previous tenant [...]
Categories: General, Landlord Tenant Issues, Rental Property Management, To-Do List for Landlords, Transition between Tenants Tags:
1st Quarter Apartment Rent Report
U.S. apartment rents rose from the fourth quarter of 2009 to the first quarter of 2010, by a tiny 0.1% for asking rents and 0.3% for effective rents. This is the first quarterly effective rent increase since the third quarter of 2008, according to a Reis, Inc. report released today. When effective rents (which include [...]
Categories: 1st Quarter Rent Report, Apartment Rent Trends, Apartment Rents, General, Rent Report, Rental Market, Rental Property Market, U.S. Economy Tags:
What you Say to Perspective Tenants Can Come Back to Haunt You
A real estate brokerage in Las Vegas, one of its agents, and the owners of a rental home were all recently sued in federal court for discrimination. Here’s what allegedly happened: Back in 2008, a woman tried to rent a home the realty company listed. She says she was rejected because she told the agent she [...]
Categories: Fair Housing Act, General, Landlord Discrimination, Rental Housing Discrimination, Rental Property Management Tags:
A Landlord’s Website Checklist
Having a website to highlight your rental properties is an effective tool to keep in your marketing toolbox. If you have a working knowledge of blog site platforms, like WordPress, you could set a site up yourself in minutes. Or, hire a web developer and designer to create a custom site for your business. What are [...]
Categories: Developing a Website for Rental Property, General, Landlord Website, Marketing for Landlords, Rental Property Management, Websites for Landlords Tags:
What Do Tenants Want?
Higher rental inventories and overbuilding, plus foreclosed homes and job losses combined to create one tough rental market in 2009—and it’s predicted to continue through 2010. So what will make your rental property stand out from the rest? With tenants in the driver’s seat, asking for lower rents and other amenities, what can landlords and property [...]
Categories: Amenities to Attract Quality Tenants, Amenities to Attract Quality TenantsRental Property Management, General, Housing Trends, Landlord Tips, Marketing for Landlords, Real Estate Investment Property, Rental Property Management, What Tenants Want Tags: background, landlord, property, rental, tenant
7 Important Promises Landlords Can Make for 2010
Call them goals, call them promises--call them whatever you want! But jot these ideas down and refer to them often. Here are a few ways landlords and property managers can make 2010 a more successful year. 1. Don’t hesitate to start eviction proceedings when necessary. We’ve covered those situations before. It’s unpleasant and can be expensive, but [...]
Categories: 7 Promises Landlords Make, General, Goals for Landlords, Income Property Goals for 2010, Renting Property Management Tags: landlord, peace, property, tenant