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:
Clever Ways to Earn Extra Money from Your Rentals
The Big Picture on Earning Extra Money from Your Rentals: Leasing furnished or semi-furnished properties allows landlords to charge higher rents and justify larger security deposits. Offering services such as housekeeping, landscaping, or pool maintenance can generate...
7 Common Landlord Repairs All Property Owners Should Know How to Fix
The Big Picture On Common Landlord Repairs: Landlord repairs can save you a lot of money—if you can do them properly. Most common repairs include re-caulking, fixing leaky pipes and faucets, patching drywalls, and painting. It's important to ensure your and your...
What I Wish I Knew Before Investing in Rental Properties
The Big Picture on Investing in Rental Properties: New investors often underestimate non-mortgage expenses such as maintenance, property taxes, and vacancies, which can significantly impact rental cash flow. Conducting extensive research on the property's location,...
Tenant Retention: How to Maximize ROI
The Big Picture on Improving Tenant Retention and ROI: Compare your rental units to competitors in terms of pricing and amenities. Conduct market research and exit interviews to understand why tenants leave and what improvements could encourage them to stay. Keep a...
Home Renovations with the Highest ROI: Which Renovations Add the Most Value?
The Big Picture On Home Renovations With The Best ROI: Improvements like garage door replacements, manufactured stone veneer, and new front doors offer high returns on investment due to their significant impact on a property's first impression. Minor kitchen remodels...
How to Increase Property Value: 11 Ideas to Boost Equity & Rents
The Big Picture On How To Increase Property Value: Boost the property's exterior with landscaping, a fresh coat of paint, or new fixtures to make a strong first impression. Modernize the kitchen and bathrooms with new hardware, countertops, and fixtures. This upgrade...