Roughly 1 in 4 U.S. adults don’t always pay their bills on time. Among 18 to 34 year olds, just over half are paying their bills on time.* Are you ready for the easy way to collect rent? (more…)
With exceptional property maintenance, you can make life safer and easier for your tenants, reducing turnover rates and addressing larger property problems before they become a serious concern. (more…)
Surprisingly, when it comes to rental properties, most property managers and landlords think that staging is irrelevant. But here’s a fact. Staging is not just for people who are looking to sell a home. Your prospective renters are looking for a home, not just a stark, vacant building. Moreover, when done the right way, staging rentals can help draw their attention to your property’s top assets and play down the drawbacks. (more…)
Roughly 56 percent of consumer traffic to the leading US websites is now from mobile devices.” (State of the Mobile Web) Today, people live online, and they take that online world with them wherever they go. Make it easier and safer for your tenants to apply for your rentals with an online rental application process. (more…)
“…to best meet today’s customers’ expectations, the smartest service teams are making use of specially-designed software and apps on smart devices like iPads, smartphones and many other tools that are coming onto the playing field daily. Doing so can deliver benefits for managers and occupants alike, including a 45 percent increase in productivity and a 44 percent jump in efficiency.” (NREI Online) In rental property management, owners and tenants expect service 24 hours a day, 7 days a week. (more…)
Our world is more connected than it has ever been. For some people, mobile phones could be an extension of their arms—with people constantly checking the news, tweets and Facebook updates. By now, most business owners have realized that a strong digital marketing strategy should be leading their marketing efforts. Are you one of them? (more…)
As a property manager, you understand the stress associated with rent week. Tenants rush to your business office before closing to submit their rent, while you struggle to track down others who have forgotten to pay. Countless checks need to be deposited at the bank, and you’re still waiting on payments that tenants insist are “in the mail.”If this scenario sounds familiar, it’s time to rethink your process. (more…)
In June, the NRHC and Green Street Advisors’ Advisory and Consulting Group together published an in-depth research paper packed with stats that illuminate the current market for home rentals and projections for the coming years. Their findings should be of interest (and quite encouraging) to people in the business of renting single family properties.
In short, a number of factors point to a bullish market for single family home rentals over the next five years, including the modest growth in supply of homes; strong demand due to demographics and the growing attractiveness of homes relative to apartments; and a greatly tightened lending environment that has made buying homes (vs. renting) more difficult for many. (more…)
Is your rental property management business intelligent?
According to Small Biz Trends,
“previously, data had to be manually pulled into spreadsheets, custom calculations had to be created, and then data was exported into graphs for analysis.”
This laborious process made it difficult to get accurate data on your business. But with new tools, you can measure growth with business analytics software. Find out more! (more…)