How to Avoid a Landlords Worst Nightmare-4437

How to Avoid a Landlords Worst Nightmare

A landlords worst nightmare is also a property managers worst case scenario. We are not talking about a vacant property that loses revenue (although not ideal either). We are talking about something that not only hurts the pocketbook but the property itself. Sometimes tenants will use a home or apartment for something other than its intended use. Namely a grow op or other illegal activity. Obviously this should be avoided at all costs. It can and will cause serious damage […]

Resident Retention and Your Bottom Line-4086

Resident Retention and Your Bottom Line

There’s something we must admit: renting a condo unit is much different than actually Retaining the residents. It can be one of the most challenging aspects of rental property management. Why should you struggle to attract and retain high-quality tenants for a long time? Leaving aside all the time and effort you must spend to fill vacancies, securing a longer lease is more cost effective than finding new tenants every few months. Since finding and keeping good renters for an […]