Let’s face it, people usually do not enter a legally binding lease with the intention of breaking it. Sometimes life deals us challenges that conflicts with our current lease. Whether its job related, family or health issues. There is a plethora of situations that can arise that will have you asking the question, ‘How can
Open houses are a great way to generate interest as well as some urgency when it comes to renting your properties. They have been used by real estate agents for decades because they work, sort of. They say between 4-10% of sales contracts are a result of open houses. However, for rental properties, there are
Hedge Your Real Estate Investments Real estate has been experiencing some phenomenal returns over the past several years. Even the stock market has been a long running bull market. Several factors play into this. Low interest rates as well as low inventory have benefited the real estate market. Anyone who has studied markets understand that
Raising rents is a question we see a lot. Should you or shouldn’t you. For those landlord’s or property managers that do raise rents, 2-4% seem to be the typical range. Good Tenants If you have good tenants who take care of your property, pay on time and all-around good tenants, raising their rent may
PropertyZar vs Rentec– Over the past several months we have been receiving numerous inquiries on how we compare to Rentec. In the past, PropertyZar has been compared to some of the other larger platforms such as Appfolio, Buildium and Yardi. With the influx of inquiries for comparison to Rentec, we realized it was our pricing
If you have been a landlord or property manager for any amount of time, you have experienced both good and bad tenants. We wish that all tenants would be great, but the fact is some are not. Warning Signs of Bad Tenants First, to help minimize the chances of getting a bad tenant, property owners
Should you care about possessing people skills as a property manager? After all, how important is it really? People skills are not industry specific. Whether you are a commercial property manager or residential property manager, people are people. Business tenants will be the same as residential tenants when it comes time to the ideas below.
The property management industry continues to evolve in the expectations of what technology can provide. Gone are the days of managing properties with the pen and paper approach. The evolution of technology and the tech savvy ability of property managers, property owners and tenants has reached a level not seen before now. Expectations are high