Renter Management, Property Management
What you need to know to better manage your tenants and your properties for maximum ROI
How do I improve my returns? With better renter management.
Managing renters is a lot harder than it looks.
That goes doubly for lower-end neighborhoods, too. Renters and landlords often clash, because renters want the most money invested in their property, and the lowest possible rent. Landlords, of course, want the opposite.
How can landlords raise the rent without losing tenants? What about property upgrades with the highest ROI? Are there cheap ways to boost property values and rents?
We’ve got you covered.
We know that property management is part art, part science, and part samurai skill set. Here are some articles to get you started, provide some tips and ideas, and generally make your life as a property manager easier.
“Required Reading” – Start Here First!
Tenants can be extremely difficult to manage. And properties? It often feels like something breaks every time someone sneezes. Learning how to manage renters and properties is a skill set in its own right, so we’ll help you get their faster. After all, better property management means better ROI!
Full Library of Passive Income & Personal Finance Articles:
Real Estate Investment Terms: Glossary of Real Estate Vocabulary
The Big Picture On Real Estate Investment Terms: Mastering real estate terminology is essential for effective communication and deal navigation in the industry. Key financial metrics like cap rate, cash-on-cash return, and IRR help investors evaluate and compare...
How to Negotiate with Contractors: The Definitive Guide
The Big Picture On Negotiating With Contractors for Real Estate Projects: Build relationships with contractors before you need them. Create a network of trusted professionals for different specialties to prepare you for issues. Gather 3-5 quotes for each job, learning...
Inexpensive Kitchen & Bathroom Renovations For Your Rental
The Big Picture On Affordable Rental Renovations: Renovate kitchens and bathrooms cheaply by covering flaws, painting cabinets, and updating hardware. Use rugs, paint, and new fixtures to transform spaces without costly replacements. Focus on cohesive themes and small...
Preventive Maintenance Checklist For Properties: Landlords’ Guide
The Big Picture On a Preventive Maintenance Checklist For Rental Properties: Include specific maintenance clauses in lease agreements to ensure tenants contribute to property upkeep. Address kitchen and shower drain maintenance to prevent clogs and potential plumbing...
What Is A Co-signer On A Lease And When Should You Add One?
The Big Picture On Co-Signers In Lease Agreements: A cosigner on a lease takes on the legal responsibility for paying rent if the tenant fails to do so. Cosigners benefit landlords by expanding the pool of potential tenants, especially in high-demand markets like...
Property Management Duties and Responsibilities — A Checklist
The Big Picture On Property Management Duties and Responsibilities: A property manager can make managing rental properties easier by handling the daily tasks so you can focus on other things. Property managers find tenants, set rent, advertise, screen applicants, and...