Best Types of Residential Rental Income Property to Buy Is there any time when buying rental income properties doesn't make sense? In many cities, for residents, buying is much less expensive than renting. And homes are scarce with owners staying put. We know lack of supply is persistent due to Millennials/Gen Z's forming families, immigration…
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 the eroding economic outlook, rising interest rates, rising unemployment, high cost of rent and cost of living challenges. And there…
The Right Software for your Mid-Sized Firm Landlords today come in all sizes, varieties, and geographies while confronting a variety of business challenges. Yet, when their business grows into the mid-sized level, challenges mount and profitability grows so it makes for an interesting venture. Whether you want to grow or not, if you manage 200…
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…
Accelerating Through 2023 Now that we're leaving the Covid pandemic era after 3 years of tough business conditions, you might be looking to establish good goals, get tasks done, and find ways to grow. Perhaps you have a list of tasks to accomplish this year with a few brought forward from 2022. 2023 brings a…
"How to" Property Management Tips The business of rental property management is evolving. You'll need education and insight from many sources. We'd like to think you'll enjoy our series of posts with plenty of valuable tips for landlords and property managers. And when we talk about property management, we are really talking about profit management.…
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