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
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
We all know that one of the challenges facing property managers is communications with tenants and owners. According to a CNN poll, a person between 18-29 years if age averages 88 text messages a day. SMS messages have hit main stream. The best online property management software will include the ability to communicate via email
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.