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How to Attract Long Term Tenants
Long-term tenants are a great way to ensure your investment is operating at peak efficiency. Turnovers cost money and can be a stressful time for investors. If a tenant has left after staying for 6 months, then you need to advertise your rental again. Once you attract prospective tenants, you’ll also need to spend time…
Read MoreUnderstanding Emergency vs. Non Emergency Maintenance
Tenants often believe that every maintenance request is an emergency or the most important maintenance request in your building, but that is rarely the case. It’s important that you explain the differences between emergency maintenance requests and standard unit maintenance along with the priority level differences between the two. This can help your tenants understand…
Read MoreNational Pet Day & Screening for Pets
Over the weekend, we celebrated National Pet Day. If you’re a pet owner, you know there’s not a day that goes by that you don’t celebrate your animal companion! So, hug your dog or cat as you do every day because we know that this animal makes you happy — and that’s not all. Over…
Read MoreTop 5 questions Property Manager’s get asked
So, you’ve decided to hire a property manager! Congratulations! You’ve made a great decision. However, it’s important to realize that not all property management companies are created equally. Levels of experience can vary widely, as can the rates that property managers charge. Some may leverage new technology, while others may be operating the same way…
Read MoreBe Spring Ready
Saturday marked the official first day of Spring. You’d hardly know it, because I think that Groundhog is paid to be wrong every year, but hey, that’s ok. However, it gives you some time to begin planning spring ready maintenance at your rental property? What? Yes, that’s right, preventative maintenance. As a real estate investor,…
Read MoreLeveraging equity to scale your portfolio
As property managers and realtors, we constantly educate our clients on the value of home ownership. Whether it be your primary residence or a rental property(s), the investment you make typically will yield financial gains over and over again, if managed properly. Home equity is simply how much of your property you own, specifically how…
Read MoreQuestions to ask prospective tenants
You’ve just listed your very first rental property for rent and now you start to get the email inquiries. Excitement, fear, apprehension. Maybe even not knowing what to do. Guess what, that’s normal. You’ve come to the right place. Like you, I started out just the same way, I was maybe a few steps ahead…
Read MoreEverything you need to know about Student Rentals
I get asked all the time by many new investors – should I buy a student rental? My answer is always the same, well, it depends – man, do I ever sound like a lawyer. Student rentals are not for everyone and many investors see the cash flow numbers and get sucked in by that.…
Read MoreWhat to expect in 2021’s real estate market?
2021, THANK GOD! 2020 was a brutal year, however it was also a year that was full of opportunity for some, while with others it caused pause, and perhaps even some fear. No one could’ve predicted the COVID-19 pandemic that crippled our local, national and global economies but it wasn’t all bad news, so what…
Read MoreRent vs Buy? Do you know?
It’s the loaded question we often get asked by our residents, should I rent, or buy? Well, the choice is entirely up to you. However, this week, instead of a lengthy blog post on the topic, sometimes a picture is worth a thousand words. Feel free to take a look and let us know what…
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