13 Ways to Grow Property Revenue With government tax changes, eviction laws, and unemployment issues, landlords have a variety of revenue threats to deal with in 2023. Certainly, raising tenant's rent price isn't the only method to grow rent yields, yet too many landlords resist raising their house or apartment rents. With inflation and rising…
Tips for Hopeful Renters As we're all well aware, the housing rental markets are squeezed for available units for rent. The competition among renters is intense and will continue to be. This makes the rental market a sensitive topic today with both landlords and renters believing they don't receive needed support. It seems as though…
Increase Profit Margins The purpose of any business including a property management business is to earn a good profit. It's the number one goal of property managers according to surveys and whether through efficiency, revenue increases or scaling up with new accounts, you'll find plenty of ways to make your business more profitable if you're…
Why Are Property Managers Successful? Your answer to that question might be experience or technology, and certainly good business sense, confidence and leadership skills have to be mentioned. Successful business, those who last decades in their business field prove they've got what it takes. Understanding successful property managers who lead these success models is important.…
Buy Rental Property There are a lot of investors wondering if they should buy a rental property or perhaps even an apartment building. It's an exciting prospect, and for many reasons, investment in income property is the best long term play. Some investors like what they see on the fixer upper rehab TV shows they…
Reduce Your Maintenance Service Costs Who generates most of the wear and tear in your rental house or apartment? It's your tenants, which is why they need to be part of your property maintenance program. Lowering maintenance and repair costs in your apartment or house rentals is in your tenant's hands. Reducing the source through…
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