
How to Smartly Increase Rent Without Losing Tenants
At least once a year, landlords encounter a dilemma of raising a tenant’s rent. We have simplified the rental increase procedure into five steps for landlords faced with this challenge.
Resources and knowledge you need to succeed
At least once a year, landlords encounter a dilemma of raising a tenant’s rent. We have simplified the rental increase procedure into five steps for landlords faced with this challenge.
We understand the importance of staying ahead in the rental market. Keep an eye on our blog for more insights on how to leverage smart home AI effectively, boost your rental properties, and leave your tenants impressed!
People who work in the property management industry spend about 219 hours per year on repetitive and automatable tasks. Artificial intelligence is revolutionizing the industry in numerous ways, and in this article, we will explore the advantages it brings to property management.
Real estate investors have successfully employed the BRRRR technique for years. Let's take a closer look at each step of the BRRRR technique in more detail for those looking to build a more prominent real estate investing portfolio.
Halloween is just around the corner, so it's time to decorate your rentals. To create the most fascinating and mysterious decorations, use your imagination and bring pumpkins. Here are five decor tips to spookify your rental and make it look ready for a Halloween trick-or-treat evening!
Advice, news, tips and trics and expertise about property management life.
Across the country, a growing number of new landlords, who previously worked full-time office jobs, are searching for faster and more stable income. Property management software helps optimize business operations to lease properties faster while assisting customer relationships.
There are really no businesses that haven’t been affected by the coronavirus crisis in some way at this point. The rental property industry is no exception. But luckily, many industry players are adjusting to the new reality and getting some valuable experience along the way.
Renting to different demographics brings completely different challenges. While most landlords already know what to expect from millennial renters, there is still no accurate description of an average Gen Z tenant and their renting preferences.
In an age of social distancing, getting closer to digital looks more like a reasonable decision. While most people are waiting for the time when they can go back to traditional communication, the property management industry has been adopting technology to fit the current digital landscape.
When it comes to rent collection, landlords look for the most convenient methods that make the whole process hassle-free and less time-consuming. Old fashioned forms of rent collection, like mailing checks, usually aren’t the best solution in the times of global digitization.
The corporate culture is being reshaped to meet the requirements of the current reality. Right now, more millennials are considering purchasing a home of their own due to remote working policies established in multiple companies.
For landlords and property owners, one of the most crucial decisions to make during the pandemic is to move their rental business online. Going digital doesn’t refer exclusively to online rent payments and applications, but to every stage of the renting process.
When it comes to renting, millennials rely on digital property management systems helping them better manage their time. Also, they're likely to look for a new rental on popular listing platforms and expect everything to be stored in one place.
If you are investing in rental properties, your main goal is probably to see a high ROI and maximize your income. The most effective way to do this is to take full advantage of a property management tool. The decade of online rental business has come and you can’t hide from it or deny it. It is time to become digital and new year resolution is the best way to start doing that.
Over the course of the year, we have had the chance to talk to a few real estate professionals who managed to double their portfolio and automate their business during this year. We took their experience, studied upcoming trends, and created this 2020 guide for landlords.
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