Investing in spring yard cleanup for your properties can go a long way toward improving curb appeal and overall ROI. During the winter season, your properties are exposed to snow, ice and cold winds that blow in leaves, litter and other debris you don’t want on your properties. These harsh winter...
Digital innovations in property management reduce the risk of late payments and chargebacks. Landlords have long required new residents and those with a history of late payments to pay with money orders and cashier’s checks. Both are known as certified funds. Now, with the help of real-time...
Assessing and maintaining investment properties in growing portfolios In the classic 1980s movie “The Money Pit,” Walter (Tom Hanks) and Anna (Shelley Long) are house-sitting a New York City apartment owned by Anna’s ex-husband. When he suddenly evicts them, they decide to purchase a home and...
Understanding the experience economy will position real estate professionals to deliver a unique customer experience. Over the past decade, a monumental shift has occurred in the way consumers are experiencing real estate. With the advent of online travel agencies, the mobility of the millennial...
Relying on a firm that uses modern technology and data not only mitigates risk but also creates significant trust and transparency between property managers and their management firms. The property management industry has needed a tech infusion for quite some time. Until recently, the property...
A well-documented and consistently used screening process can help you select better tenants. Residential landlords dream of renting to the right tenants—conscientious individuals or families who care for their rental property, notify the landlord of maintenance issues and pay rent without causing...
Property managers can be the difference makers for profitable portfolios. Owning rental properties can be an outstanding investment. But managing and growing a portfolio is also full of inherent challenges and risks. Managing tenants, rehab and general maintenance, vacancy cycles, and even legal...
The rental market is hot, but be realistic when setting rental prices. It’s no secret that the rental market in the U.S. has seen incredible growth in the past decade. Rental prices have steadily increased 3-5% annually, with an average increase across the last decade of about 3.11% year to year....
