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:
The Landlord’s Guide to Pet Deposits vs. Pet Rent vs. Pet Fees
I love animals. I have almost always had at least one pet in my home. Pets enrich our lives and provide unmatched companionship and unconditional love. Except for my cat, whose affection seems to depend on my filling his bowl—and, even then, often includes the use of...
How Much Can a Landlord Charge for Cleaning? Rules for Tenant Cleaning Fees
Rare is the departing tenant who leaves their unit in truly pristine condition. More often, the situation falls somewhere between “Fine” and “What happened?” — with the occasional “What the…?” thrown in for good measure. Even when the space is spic and span, it needs...
Umbrella Insurance for Rental Properties: What Landlords Need to Know
I have a theory that nobody likes insurance. Don’t get me wrong, it’s important and often required by law or by lenders. But insurance is just so psychologically unsatisfying. I don’t know anyone who’s really excited to get their sweet new coverage. At best it gives...
California Rent Control Laws (2023): State Rent Stabilization & Cities with Rent Control
Almost half of California's residents live in rentals. The cost of living, especially rental rates, has risen dramatically over the last two decades, creating some of the least affordable rental housing in the world in many California cities. California’s response?...
Are There Free Skip Tracing Tools for Real Estate? Free & Paid Tools Compared
What is a skip tracer? It sounds like some kind of cool, futuristic sci-fi job — like a cyberpunk private eye who tracks people down through a network of intergalactic wormholes. And in a way, that’s exactly what it is, minus the cyberpunk theme and the part about...
Should I Hire a Property Manager? 13 Common Responsibilities of Property Management
“At what point should I hire a property manager?” Sooner or later, most real estate investors question whether to hire property management to make their rental income truly passive. I did, and I decided that for me professional management was almost as important as...