Investment Property Management Tips: Pet Amenities that Attract and Keep Pet-Owning Tenants Happy

Pet amenities are in high demand at multifamily rental properties across the country. According to the American Veterinary Association, an estimated 50 percent of renters have pets, and 35 percent of renters who do not have pets say they would have them if their landlords allowed them. It’s high time to include pet care in your investment property management skills. Property owners who do allow tenants to have pets are often able to charge [...]

2019-09-11T03:50:13+00:00Property Management|

Investment Property Management Tips: Emerging Feature Trends that Millennials and Young Professionals Are Focused On Finding In Their Next Apartment

Millennials and young professionals with higher incomes currently looking for apartments are seeking five features in their ideal home. The two demographics are major drivers of the current rental market. If you want to improve your investment property management performance, then it’s time to focus on this emerging demographic. According to a recent study from the Pew Research Center, 74 percent of Millennials currently rent. The study also found that they are committed, long-term renters with [...]

2019-09-11T03:47:02+00:00Property Management|

Investment Property Management Tips and Checklists for Preparing a Newly Vacant Rental for the Next Tenant

When a tenant moves out, the property manager or landlord heads in to clean the vacated unit for the next tenant.  Sometimes, the tenant leaves the apartment in great shape and the cleanup is minimal. Other times, there’s a lot of tossing, scrubbing, and refreshing to do. That’s when you need to put your proficient investment property management skills to good use. What can you do? In order to get a new tenant in [...]

2019-09-11T03:38:21+00:00Property Management|

Fall maintenance checklist for Investment Property Management Teams

September should be every investment property management team’s cue to begin preparing the property for the cold months ahead. Below is a checklist of tasks to perform now to protect your rental property from the chilly, wet ice and winds of winter. Use this checklist to complete your fall maintenance tasks and you’ll save time and money by avoiding costly damage the harsh winter elements can inflict during the winter months. Exterior Maintenance for [...]

2019-09-11T03:31:04+00:00Property Management|

Investment Property Management Tips: Showing Rental Units in Their Best Light

Rental property investors often struggle with finding ways to keep their properties fresh and attractive while keeping their costs to a minimum. It’s the usual struggle as far as investment property management is concerned. When it comes to making updates and other improvements to attract new tenants to a vacancy, lighting is too often neglected in the process. Lighting is an extremely important element when it comes to how a property shows to prospective [...]

2019-09-11T03:23:22+00:00Property Management|

What Urban Investment Property Management Teams Need to Know about Bike and Scooter Share Programs

Urban investment property management teams may have noticed branded bicycles in parking stations on major thoroughfares or dockless bicycles and scooters located on sidewalks with a notice that says something like "download this app, pay, and start riding." According to the National Association of City Transportation Officials (NACTO), 84 million trips were taken on shared bikes and scooters nationwide in 2018. Thirty-five million bike share trips were taken in 2017 and the number of bike share bikes [...]

2019-09-11T03:14:04+00:00Property Management|

ADA Compliance: Investment Property Management Tips for Compliance with the Americans with Disabilities Act (ADA)

The Americans With Disabilities Act (ADA), is a civil rights law that prohibits discrimination based on disability. The ADA requires covered employers to provide reasonable accommodations to employees with disabilities and imposes accessibility requirements on public accommodations. It can also be an investment property management issue. The ADA Standards establish design requirements for the construction and alteration of facilities to accommodate wheelchairs, which is subject to the law. These enforceable standards apply to places of public accommodation, commercial facilities, and state and local government facilities.  Apartment and [...]

2019-09-11T03:05:15+00:00Property Management|

Zeitgeist Investment Property Management Tips for Multifamily Living: Creating Dream Homes for Rental Property Residents

As investors continue to grow their multifamily portfolios, new amenity trends and sought-after upgrades go way beyond landscape improvements, investment property management, and building refreshes when it comes to long-term tenant retention as well as attracting new tenants, especially in competitive markets. The housing crash and subsequent great recession of 2008 had an enormous impact on the country’s housing market. As a result, demand for rentals has skyrocketed nationwide and today, more than [...]

2019-09-11T02:58:51+00:00Property Management|

Early Lease Termination Guidelines for Professional Investment Property Management

Every property manager and landlord, at one time or another, find themselves dealing with a tenant looking to terminate their contracted end date. This may be a difficult issue to handle, but with good investment property management practices, a favorable resolution may be achieved quickly. If they’ve signed a lease agreement, they’re legally bound o its terms, which includes paying rent through the move out date on the contract. Yes, the lease is meant [...]

2019-09-11T02:47:26+00:00Property Management|

Investment Property Management: Soft Skills are Your Superpower

Cross-industry companies are seeking employees with more than sector-specific expertise. Workers high on the lists of recruiters these days are those with the essential soft skills to run a successful team. They want workers with the necessary soft skills to manage high-achieving teams, which is important in investment property management. Among the soft skills that are typically considered to be the most difficult to master are conflict resolution, interpersonal skills and the ability to [...]

2019-09-11T02:35:59+00:00Property Management|