Apartment Lease Transfers With rent prices on the rise, renter employment changes (e.g. remote work situation), income changes, and apartment rental supply dwindling in 2023, we may see more lease terminations. When a tenant is in a bind and must terminate their lease, they'll begin to think creatively, such as finding out how they can…
Easy Lease Renewals Rental property industry surveys have shown that attracting and retaining high quality renters is one of the top challenges among landlords and property managers. Tenant churn is likely to increase due to employment changes, high cost of rent and cost of living, and a desire for change after 3 years of Covid.…
Tenant Evictions As Covid era renter protections end and many renters face paying huge amounts of due rent while not paying current rent, we can expect a surge in evictions. Tenants are often fearful to hear the word of “lease termination” or “eviction’. Yet a landlord can indeed terminate the lease agreement if the tenant…
Making Tenant Retention a Priority If we suffer a slowdown or recession in the US, UK, German, Canadian and Australian economies, then rental property owners and managers won't survive it unscathed. As tenants adjust to unaffordable high prices while seeking other wanted rental benefits, they will be on the move to find other accommodations. This…
Tips for Writing a Custom Rental Agreement Renting out apartments, condos, or single family houses comes with significant risk. Tenants can balk on paying rent for any number of reasons, or damage the unit, or even sublet it without your knowledge. Your cashflow can be threatened and your ownership too could be lost. You may…
Contactless Virtual Leasing Of the many interesting trends landlords and property managers will experience this year, contactless virtual leasing will likely be the most wanted. The leasing or renting process can be time-consuming for both landlords and tenants and dangerous. The average tenant travels to the rental unit 3 times before signing. The trend to…
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