Reduce Churn and Turnover Costs Have you calculated how much revenue you've lost due to tenant churn over the years? Some landlords and property manages do have systems to report these losses, but how many are resolving losses from churn? In some states and cities, the issue of tenant turnover is a current matter. With…
Rental Unit Turnover and Tenant Churn Now in 2022, we're seeing higher rental apartment and house rental churn rates because people are moving for new employment, lower rents, and making other post pandemic adjustments. Property managers might feel powerless to reduce that occurrence and control the losses for landlord owners. Having to renovate and remodel…
Biggest Mistakes Landlords Make "If only I'd known then what I know now." That's what too many landlords utter when they're struggling to keep afloat, facing weighty financial challenges, and looking for ways to improve their profits. When we cover the topic of the most costly landlord mistakes, it's not insinuating, but rather just…
Survey Shows What's Behind Tenant Churn Inner-city landlords in the US, UK, Australia and Germany are seeing higher vacancies and reduced rents as renters flee the cities for more space in suburbs and other small cities and towns. A desire for lower rents and more spacious living is encouraging many tenants to decide not to renew their apartment…
Increasing Owner Profit Margin One of your top priorities for 2021 might be to learn how to improve your client's profit margins. That's because small improvements in the revenue/cost ratio magnify earnings for property owners. And for owners it's all about earnings. But where to grow revenue and where to cut costs is the question…
Landlord Tax Tips for Tax Year 2019 Another year has passed and you'll be filing your taxes for the year of 2019. When you consider the current state of the economy and what might transpire for you in terms of cash flow, added work, and possible evictions, it's wise to get your maximum tax deductions…
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