The average cost of tenant turnover runs between $2,500 to $3,500 depending on the area you live in, according to FRE Real Estate and Property Management. Keeping tenant turnover low and maintaining a quality property is the focus of any property manager. But wading through the endless details of keeping a property running smoothly can […]Continue Reading
Property Management 101
Property Management 101: Do not use chicken wire to collect rent checks
Last week during a site inspection of a new apartment building, we found this awesome (or not!) rent collection box that the previous management company had installed. While I have to give the apartment managers a few points for creativity here, it’s an overall #FAIL as the “collection box” is located in an unlocked closet of the very public laundry room.
What are you thoughts? Creative or….?
4 of My Favorite Apps for Property Management
Sometimes I think my iPhone might explode with the amount of useless apps I have downloaded! But, there are several apps that my team at First Light Property Management use everyday. Chime in and let me know if you think there are others that should be on this list! Property Inspector Make your next property […]Continue Reading
Property Management 101: Tenant Screening
Quick tip for your Monday morning: Taking the time NOW to screen prospective tenants is MUCH faster (and cheaper) than having to evict further down the road. Have a wonderful week! -TrevorContinue Reading