Rental Property Marketing Mistakes
A rental property is a good investment that can help you generate steady income. However, marketing is the key aspect in keeping your rental profitable and ensuring a high occupancy rate. Rental property marketing is not as simple as it may seem. It can be challenging knowing how to write a good listing and where to advertise it. After your ads are up and live, you’ll need to check on them at least once a day to ensure they’re effective. Although this process sounds simple, it’s easy to make mistakes such as not adding pictures to your listin…
Best Ways to Communicate with Tenants: Email, Text or Call?
Are you struggling to navigate communicating with your tenants? Establishing a clear and effective communication channel with your renters is one of the best ways to maintain a harmonious landlord-tenant relationship. This article explores the pros and cons of the three most common communication methods: email, text, and call. Each has its own set of advantages depending on the scenario you're dealing with and your tenants’ preferences. Whether you are a seasoned landlord or renting out your first property, understanding the nuances of these …
Mastering the Art of Rent Collection: Strategies for On-Time Payments
Owning one or several rental properties can be a profitable business. After all, they allow you to earn a steady passive income while growing your equity over time. However, many landlords struggle with collecting rent. There are many reasons why tenants don’t pay rent on time, from financial hardships to simple forgetfulness. Luckily, there are many strategies you can use to ensure you get your money on time, every time. Whether it is to enforce late fees or send reminders before the due date, you can read more about these rent collection tips…
How To Film a Great Video Tour of Your Rental
Have you ever wondered how to make your rental property stand out from the competition? What if we told you there's a simple yet powerful tool that can elevate your listing and attract more potential long-term tenants? Rental property video tours are increasing in popularity as more and more renters make their first impressions online. A well-filmed video tour can be the key to unlocking the true potential of your rental. But how can you create a video that leaves a lasting impact on viewers? In this article, we're here to guide you through the…
Holdover Tenants
Navigating the complexities of property management can often lead to unexpected challenges.. One such challenge is dealing with hold over tenants. While you may want long-term tenants in your rental, holdover tenants are not desirable. In this blog, we take you through the legalities, your rights as a landlord, and potential solutions to ensure your rental business remains undeterred and profitable. Read on to arm yourself with crucial knowledge and confidence to handle such situations effectively. What Is a Holdover Tenant? A holdover tenant…