Better Tenant Retention and Lower Churn As house and apartment prices remain lofty, while the US economy cools, rent moratoriums end, property landlords and apartment managers will suffer through higher vacancy rates. If you're used to 98% to 99% occupancy rates, you're likely in for a surprise in the next few years. Fundamentally, vacancies are…
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…
Rental Advertising Tips Are you frustrated with the quality of tenants you're attracting via your rental listing ads and promotional efforts? It's not a simple thing to reach renters and filter in only the best. However, good tenants are your key business asset, and writing great rental advertisements is how you attract them. Most landlords and…
Move-in Process is a Relationship Building Starting Point In a previous article, we talked about the importance of implementing consistent screening policy during the leasing process. After you secure a qualified tenant, it's the landlord’s responsibility (or property manager) to schedule an appointment for lease signing, tenant orientation, building tour and unit inspection. It's essential…
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