Better Tenant Retention and Lower Churn As house and apartment prices remain lofty, while the US economy stumbles, 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…
20 Ways to be a Great Landlord Is the word awesome just some kid's thing, or does it mean you really have become someone special? I think when someone says you're awesome, it means they think you're a cut better than the expected. Awesome means someone outstanding, valuable and significant. And if tenants think you're…
Giving Landlords Their Weekends Back Weekends are the favorite part of the week for many people. Long weekends are even better, but maybe not for some DIY yourself or part time landlords. For a long time, we've thought of Saturday and Sunday as days to recharge, thus they were almost seen as time off to…
Social Events Build a Sense of Community With the 4th of July celebrations and summer just ahead, your tenants will be in lighter more relaxing mood. That makes it a good time to build the festive spirit to build your community and keep tenants feeling good. After all, summer is a great time for people…
Onboarding New Tenants This year, given the work from home trend, increased migration, and rising rent prices, tenant churn might be on the rise. It's likely you'll be welcoming new tenants. And you may have your own thoughts and impressions about tenant churn, sometimes good (bad tenants leave), sometimes not so good (losing good tenants).…
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…
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