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:
Property Management Skills — A Landlord’s Blueprint To Success
The Big Picture On Property Management Skills: Successful landlords set boundaries, communicate effectively, and take a proactive approach to tenant management to protect their investments. Improve your property management by focusing on prevention, from aggressive...
Explained: Why Do Landlords Require Renters Insurance
The Picture On Why Landlords Require Renters Insurance: Renters insurance protects both tenants and landlords from various risks and liabilities. Landlords should require renters insurance as standard practice in lease agreements. Typical renter insurance coverage...
4-Point Inspections — Their Purpose and Importance in Real Estate
The Big Picture On 4-Point Inspections in Real Estate: A 4-point inspection reviews a property's key systems—HVAC, electrical, plumbing, and roof—to identify major issues, helping buyers and insurers assess the property's condition. Often required by insurers, the...
When Can a Landlord Break a Lease Agreement?
The Big Picture On Whether Landlords Can Break a Lease Agreement or Not: In most states, landlords must provide 30-90 days' notice before terminating a lease at the end of its term. Landlords generally cannot break a fixed-term lease mid-term without cause, but can...
The Best Property Management Software for Your Business
The Big Picture On The Best Property Management Software: Automate your rental property tasks like rent collection, tenant screening, and maintenance requests with software customized to your needs. Find management software options for landlords of all sizes,...
Hidden Rental Property Costs: Low-End Units’ Cash Flow Surprises
The Big Picture On Hidden Rental Property Costs: Low-end rental properties often have hidden costs that are not reflected in standard cash flow calculations, making them appear more profitable than they actually are. Crime, vandalism, and mandatory repairs (especially...