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Tenant Retention 101: Essential Tips for Property Managers

BetterWho

Retaining good tenants goes beyond convenience—it impacts your bottom line. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., means that keeping your tenants happy is very important.

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Buying a Second Home and Renting Out the First: A Guide

Bay Property Management Group

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

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Don’t get caught off-guard: Forecasting tips for on-time, on-budget rental property maintenance

Buildium

By anticipating repairs, you can plan ahead, budget effectively, and address issues quickly—keeping your properties in great condition while making sure your tenants and owners are happy. Whether you’re new to forecasting rental property maintenance costs or simply looking to improve, this guide has you covered.

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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5 Creative Ways to Get Bad Tenants Out

American Apartment Owners Association

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Offer a Financial Incentive At times, a tenant may need to vacate for various reasons.

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Understanding Tenant Rights and Responsibilities: A Guide for Property Managers

American Apartment Owners Association

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. Fundamentals of Tenant’s Rights An essential tenant-right is privacy. Fundamentals of Tenant’s Rights An essential tenant-right is privacy. reducingthe chances of legal disputes or penalties.