Every tenant wants a peaceful home. Likewise, every landlord wants good tenants who will take care of their property. Unfortunately, misunderstandings can undermine the goodwill between tenants and landlords. Misunderstandings can quickly escalate and create uncomfortable situations between both parties, sometimes even damaging the relationship permanently. With that in mind, it’s important to know how… Read more »
How to List Your Property on Craigslist
Part of your success as a landlord depends on finding great tenants who will be reliable and responsible. Finding these tenants isn’t always easy, so you’ll want to advertise in several different places to give you a large pool of applicants to choose from. Craigslist is commonly used by renters looking for a new place… Read more »
Increase Convenience and Consistency with Online Rent Payments
Millennials are now the largest generation in the United States. At 80 million strong, it’s little wonder that they largely dictate digital and social trends. Even the multifamily housing industry isn’t immune to the demands of the millennial generation. Approximately 2/3 of millennials rent, and their desire to conduct many aspects of their lives online… Read more »
New Year, New Rental Housing Laws
As a landlord, it’s crucial to keep up to date with your state and local rental housing laws to prevent legal issues. Each year brings with it new legislation, and 2019 was no exception. Some of the changes were positive, some negative, and some were downright crazy. While the list of new laws is far… Read more »
Tips for Creating a Peaceful Rental Community
As a property manager, your success relies on the ability to manage several properties at once. Unfortunately, the more properties you manage, the more likely you’ll experience conflicts among tenants, property owners, or neighbors. Communication skills play a crucial role in resolving disputes and keeping the communities you manage peaceful. You need to be able… Read more »
Using Security Deposits for Unpaid Rent: What You Need to Know
The last thing any landlord wants to deal with is losing money because of a bad tenant. Despite this, sometimes it can be difficult for landlords to know whether it’s worth pursuing the money they’re owed. One situation that can be tricky to navigate is knowing whether it’s okay to use security deposits for unpaid… Read more »
How to Get Good Tenants to Renew Their Lease
Good tenants make your job as a landlord or property manager easier. They pay their rent on time, they’re respectful of your property, and they let you know when something needs maintenance or repair. Naturally, you want to keep good tenants at your property for as long as possible. Not only do you know you… Read more »
How to Remove Bad Smells from Former Tenants
Our sense of smell is linked closely with memories and emotions, so unsurprisingly, the way your rental smells is important. Former tenants can leave behind stubborn odors that may be bad enough to deter prospective tenants; in some cases, these bad smells may even keep your unit vacant. So, how can you get your property… Read more »
Should You Have Active Shooter Insurance for Your Multifamily Property?
The deeply troubling trend of increasing gun-related violence is difficult to ignore. The wide range of places where these incidents occur – from schools and churches to night clubs and workplaces – suggest that they can happen anywhere. Unsurprisingly, this trend has many business owners nervous. It’s not uncommon for the families of victims to… Read more »
How To Improve Communication with Challenging Tenants
Communication is an essential skill for landlords and property managers. However, even those with excellent communication skills may feel at a loss on how best to communicate with tenants who cause problems. Dealing with a tenant who consistently pays their rent late or regularly causes issues with other tenants can stir up feelings of dread…. Read more »