The search for high quality, stable tenants can seem daunting. There is no shortage of tips for a DIY approach to property management of which this post with help you with, however there is no beating the avenues an industry professional can take to promote your property. Here are a few reasons to hire a […]
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Moving Into A New Place? One ‘To-Do’ You Should Never Ignore
Of all the expenses to consider when preparing to move into a new apartment, is renter’s insurance should be at the top of the list. This necessary, yet inexpensive purchase will protect you and your possessions while you’re living in your new home. Apartment insurance is easy to acquire and will promise you peace and […]
Continue ReadingTips on how to fill apartment vacancies: Tip #4 – Market Neighborhood Businesses
Tips on how to fill apartment vacancies: Tip #4 – Market Neighborhood Businesses Is the property that you manage or own located within a few miles of a shopping mall, retail store (think: Wal-Mart), grocery store or large restaurant? If so, then you have a very easy way to potentially garner new tenants who have […]
Continue ReadingWhat are some good examples of bad leasing policies?
The American Apartment Owners Association posted an article on their blog that brings up a very relevant point in regards to leasing policies: bad policies can lead to bad tenants. We, as landlords, must set the standard from the beginning when engaging resident-prospects. If we are lazy with our reference checks, credit checks, rental history […]
Continue ReadingProperty 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! -Trevor
Continue ReadingDo you know where your plumbing lines are going?
If you have ever been in a pre-1940s New York City apartment building, you may have noticed the mind boggling array of pipes leading every which way possible. The pipes shoot through corridors, up stairwells, down walls, ride on top of other pipes – all with seemingly no logic at all. So what happens when […]
Continue ReadingTips on how to fill apartment vacancies: Tip #2 Offer a Move-In Special
Click here for Tip #1: Refer a Friend The practice of offering prospective residents a move-in special or incentive is a tried and true method to increase interest in your apartment vacancies. Offering a free month’s rent with a year lease can be very enticing to prospects that are on a budget (and let’s face […]
Continue ReadingTips on how to fill apartment vacancies: Tip #1 Refer-a-friend
One of the most difficult and time consuming aspects of owning and managing an investment property is the act of trying to fill vacancies with qualified renters. For every day that a units sits vacant, it is money out of the owner’s pocket. This certainly creates a sense of urgency, however not ANY applicant can […]
Continue ReadingApartment Owners: Two simple tips to save water (and money)
Tip #1: Perform a “Drip Inspection”. Some landlords and owners forget one of the easiest and most cost-effective ways to save water: Check for dripping faucets and running toilets in each unit. The simple task of inspecting shower heads, faucets, and toilet connections for drips or runs can save hundreds (and in some cases thousands) […]
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