As a landlord involved in rental property investment, you’ve probably heard the term IRR tossed around. IRR, or internal rate of return, is more than just a buzzword, though—it’s a key that unlocks the true potential of your real estate ventures. Few metrics give as much insight as the IRR. It’s more than just a…Read More
As a landlord, you know how much you have to juggle to manage your rental property. You deal with marketing, screening, leasing, maintenance, accounting, and more. And you have to do it all while keeping your tenants happy and vacancy rates low. Enter the power of artificial intelligence (AI). AI isn’t just a buzzword or…Read More
Updated September 2023 You’ve recently gone through the lengthy process of finding and screening a new tenant for your rental property. Both parties have signed the lease. But then the tenant suddenly contacts you to let you know about their change of plans and that they no longer intend to move in. As a landlord,…Read More
Expanding your property portfolio to include specialized properties can bring in big profits. Corporate housing is one of the most profitable types of rentals to manage, but it’s not the right market for everyone. The stress of renting out fully furnished (and frequently turned over) apartments seems impossible to some landlords. Without the right tools,…Read More
In this week’s episode, Podcast Host, Property Manager & Business Owner, Andrew Schultz, chats about the latest rental property scam where fake rental hosts give a tour to a prospective tenant and then rob them soon after. Should you have sympathy for a tenant? It’s possible. Find out when you should give your tenants a…Read More
Many landlords have remained accustomed to the same type of marketing for their rentals for decades. Rental property tours and photos have showcased empty units, leaving the tenant to imagine the property as a home. Staging rental properties shows just how much tenants want to be able to envision a cozy home rather than a…Read More
Tracking the success and growth of your rental business is only possible with the right figures, formulas, and perspectives. One of the most valuable tools for investors is the cap rate for rentals, also known as the capitalization rate. Cap rates boil down a variety of information that gives you an idea of the expected…Read More
Buying a business property for your business or investment needs is a complex process. In either case, finding a property that fits and fulfills your needs requires the coordination of many moving parts. It can be overwhelming when you don’t yet know how to buy commercial properties. There are also substantial potential profits in buying…Read More
Many landlords point to the same part of the rental process as their number one priority: tenant selection. Filling vacancies is vital to success, and finding the right tenants for each property is just as important. Using a rental agency to assist with advertising vacancies, screening tenants, and choosing a good fit is one of…Read More
Remaining successful in the rental industry requires constant improvements to your properties. Tenants expect properties that align with the current state of the market, and they may even be willing to make some of those changes themselves. In commercial spaces, it’s common for tenants to build out properties to fit their needs. Offering reimbursements to…Read More
