what is a monthly rent concession

What Is A Rent Concession & Why Should You Use One?

To some landlords, it might be hard to understand why you would want to give tenants discounts, free rent coverage, and other rent concessions. What is a monthly rent concession, after all? One would think it might be tearing your profit to pieces [and not in a good way]. In reality, a rent concession is…Read More

ScreeningWorks Reviews

ScreeningWorks Review: Is It Worth The Price?

We recently reviewed 11 of the best tenant background services on the web. ScreeningWorks reviews were included in that breakdown and in this post we’re diving deeper into this service. For clarity, ScreeningWorks is a product of Yardi Screening so this post also addresses Yardi resident screening reviews. Full disclosure, here at RentPrep we are a tenant screening…Read More

Rentec Direct vs Buildium

Rentec Direct vs Buildium: Which Software Is Better?

I don’t know about you, but one of my biggest frustrations at work is trying to keep everything organized and trying to find the time to get everything done. There never seems like there’s enough time and I needed help; that’s when I discovered property management software. I wanted to share with you a head-to-head…Read More

rent inspection

What Can A Landlord Look At During A Rental Inspection?

The successful management of a rental property is rooted in meticulous attention to detail, with rental inspections playing a pivotal role. Not only do they safeguard the integrity and value of your property, but they also reinforce your dedication to providing a safe and welcoming environment for your tenants. From move-in checklists that establish a…Read More

arv

What Is ARV In Real Estate & How Is It Calculated?

Every investor understands there’s risk in real estate. The most successful investors understand how to appropriately assess that risk before moving forward on purchases that might otherwise end in regret. ARV, or after-repair value, is one of the most popular ways for real estate investors to analyze the potential value of a property to determine…Read More

appfolio reviews

Appfolio Property Manager Review From Leading Expert

One thing that can drive just about anyone mad is getting mixed signals. Have you ever been online shopping, only to read one review that raves about a product, while another one says it’s a waste of money? I’ve seen it time and time again, but when I discovered this software, I had to make…Read More

Sublease vs Sublet

Sublease vs Sublet: A Landlord’s Guide

Are you curious about the differences between a sublease and a sublet? Although often used interchangeably, these terms actually refer to two different arrangements for tenants. In a sublease, the original tenant and the subtenant make the deal, while a sublet involves the landlord and the subtenant directly. In both cases, however, the landlord’s approval…Read More

avail reviews

Avail Reviews: The Ultimate Guide To The Popular Property Management Software

If you’re anything like me, you have a long list of tasks to get done each day at work. I’ve been a landlord for several years and hadn’t quite found a way to check things off my to-do list, without spending a ton of money.  Earlier this year I found out about property management software…Read More

What Is Rental Arbitrage? What Landlords Need to Know

Rental Arbitrage: Ultimate Guide For Landlords & Tenants

New terms enter the industry every few years, and you may start to feel like you’re falling behind. That’s how many landlords think when they hear discussions about rental arbitrage. Rental arbitrage is a term that emerged to talk about renting leased spaces on short-term stay sites like Airbnb and VRBO. Many landlords who have…Read More

How to Calculate NOI

Net Operating Income Calculator: What’s Your NOI?

Whether you’re expanding your rental business or deciding which properties should be your focus moving forward, knowing how to calculate the income-producing value of your properties is essential. Landlords often use NOI calculations to help with these complex decisions. Are you familiar with NOI and the value of a good NOI calculator? NOI, also known…Read More