Being a commercial landlord has its perks. It has the potential to bring in a hefty income. However, if you don't do things correctly, it can also be an expensive hassle. Take steps to make sure that you're doing everything right, so you can get the... (Read More)
Are you renovating your rental property and unsure how much money you should invest? You need to take a careful look at your budget. Consider what your competitors are charging for similar rentals in your area. Know what your property is worth. Know... (Read More)
Effective communication is key to establishing a healthy tenant-landlord relationship. Misunderstandings often happen in our personal and professional lives. When things aren't clearly spelled out, they're left up to interpretation, which can result... (Read More)
We all need reminders sometimes. It's no different for tenants. You can help tenants out, enhance communication between the two of you, increase on-time rental payments and improve property maintenance by sending out helpful reminders.
Have you... (Read More)
As a landlord, you know that staying on top of all the responsibilities associated with managing rental properties can be a difficult task. Even if you have a small team to help you out, managing your property or properties can be a huge headache... (Read More)
You may have heard that you should treat your residential rental like you would a business. This makes sense because it is a business. You're earning money by providing something. It may look different from a typical business that sells a service or... (Read More)
As a landlord, you know the job description is never the same. It's unlike a 9 to 5, where you clock in and clock out. It's a responsibility that changes day by day. Some days, things go well and you may not have to do much. Other days, you feel... (Read More)
Did you just purchase a short-term rental property? Maybe you've owned a short-term rental for years and want to enhance the visitor experience? Either way, let's discuss a few ways to identify areas for improvement.
1) Stay a few days
Whether... (Read More)
Open floor plans have been the rage for some time. People love that they make a space look larger. It allows renters to have get-togethers with ease. Overall, it can give renters a great first impression, too. People with kids like to be able to see... (Read More)