Without an effective approach to fulfill the needs of tenants, what is property management?
According to the National Renter Survey,
“One out of four (26%) single-family tenants plans to stay in place five years or more”
But this means that almost 74% plan to move on. Strong tenant management practices can help you avoid the costs of tenant turnover. (more…)
As a property manager, one of your responsibilities is to find new tenants and keep vacancies at a minimum. While a low budget can make this a challenging prospect, a little bit of persistence and out-of-the-box thinking is all that you need to make it work.
To start with, here are five great ideas to help your rental property management company kick off your marketing campaign without spending a fortune. (more…)
Choosing whether to sleep with a bedroom door open or closed could impact on fire preparedness.
“25 percent of home fire deaths occur from fires that originate in in sleeping rooms”,
According to Accounting Web, disruptive automation of the accounting business is here, and
“accounting software is poised to eliminate accountants.”
With property management accounting software, you don’t need an accountant to generate data on the financial side of your business – you can do it yourself. (more…)
A recent study from NFPA showed that 365,500 U.S. home fires took place in 2015—resulting in 7 billion dollars in direct property damage.
Ongoing furnace maintenance can help you prevent large-scale problems with your properties’ heating systems. Here’s what to look for as you work to maintain your furnaces this year!
Single family property management companies have much to gain from using online payment options. Instead of chasing down checks during rent week, property managers can easily track which tenants have paid, and when, using an online system. This fast, convenient option is also ideal for tenants who can choose their preferred payment option and pay rent on their own schedule. (more…)
There are already 22.6 million landlords in the US, and every day there are 544 new ones*.
As a property management company, what’s the secret to managing this business relationship, and why is it important?