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…
Easy Lease Renewals Rental property industry surveys have shown that attracting and retaining high quality renters is gaining top priority among landlords and property managers. Tenant churn likely to increase now that the pandemic is easing and due to fast rising rents. Unaffordability alone will result in many of them giving up their apartments, condos…
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 to health. The average tenant travels to the rental unit 3 times before signing. During…
Sign More Apartment Leases with Pre-Suasion Given how difficult it is for apartment managers to fill apartment vacancies during the pandemic, especially in downtown regions, you might enjoy a little lift in leasing success. A recent article from NAA offers an interesting angle to increase apartment lease signings. They've dubbed it pre-suasion -- the conditioning…
How to Acquire Higher Quality Rental Tenants In business, some tasks are more important to your end profitability than most appreciate. Finding good tenants is perhaps the number one way to a more profitable home rental business. While landlords often react to challenges by cutting services, offering concessions, evicting tenants, or even selling some properties,…
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