Making Your Unit the Winning Choice Among the Best Renters
In a recession, the best qualified tenants on paper may be challenged in keeping up with rental payments. This article walks you through the steps you need to take to market your unit so you can win the best quality tenants to weather the recession.
Why it's Time to Rethink Tenant Relations
The relationship you have with your tenant(s) has a direct impact on your cash flow as well as how your property is maintained. Detached property owners can easily lose touch with their tenants if they’re working with a property management company that doesn’t respect the tenant-landlord relationship. In turbulent economic times and with the real estate market shifting, tenants are becoming the “in-control” party and can make or break your cash flow and real estate income strategy. Learn what you can do to reinforce tenant-landlord relations whether you’re working directly with your tenants as a self-managing property owner or through a property management company.
Enticing Tenants to Re-Lease Amid Challenging Times
In this week’s article, we talk about how you can entice high-quality tenants to re-lease, even though the costs of renting are becoming more and more challenging for renters. Here are a few things you can think about doing to make your relationships better and work with your tenants to secure their trust in you and want to remain in place.
Improving Underperforming Assets and Exit Strategies with Kristina Travis
In this week’s article, you can review notes from the June 1, 2022 Club Conversations event with Kristina Travis and Jennifer de Jesus. Jennifer and Kristina discussed best practices for improving your underperforming assets and gave real-world examples of experiences with investors and their properties. Recording is available.
Improving Tenant Relations—An Investor's Guide
In this week’s article, we provide insight and tips on how investors can improve tenant relations. Even if you are working with a property management company, it’s important to foster good communication and proactive response to property requests from your tenants. Keep the higher-quality tenants longer and protect your property’s value and appearance by prioritizing the relationship between you, your property management company and/or your tenants.
Building the Right Team—Part 3: Maintenance
In the final part of this 3-part series on building the right team, we’ll talk about maintaining relationships and dealing with the ups and downs of adding and rolling off properties from your portfolio and how that impacts your team and your investment strategies. When you have an open dialog with your team, everyone will be more successful.
How to Crime Proof Your Investment Property
As they say, an ounce of prevention is worth a pound of cure, and when it comes to crime-proofing your investment property, there are low-cost measures you can take. With emboldened criminals having a broader impact on communities outside of cities, it’s important to do what you can to make your property safe and resilient against opportunistic crime. We’ll provide several ideas to help you view your property’s crime deterrent factors and more attractive to higher-quality tenants who are willing to pay more for a safe place to live.
How Increased Interest Rates Impact Your Property
Inflation is here to stay, and is no longer transitory. Why it’s important to investors to look on the bright side of the current economic trends.
