Are you telling renters what they want to know?
I just finished an interview with a reporter from Real Estate Weekly about an article they are writing on “tips for renters”. We discussed a lot of the important topics that renters should be aware of when they are ready to move. As a landlord and property manager for many years, I was able to […]
Investing in real estate is still a smart choice
My financial consultant called me yesterday to let me know a mutual fund I had was not doing well. We agreed to sell the position and move it to a more conservative investment as the financial markets continue to be volatile. Times like this make me glad I invested in rental property many years ago. […]
Many landlords still don’t advertise online
I had a great conversation with a landlord from Mississippi who had several rental properties she wanted to advertise. She needed some help getting her ads posted because she lived in a very rural area and did not have high speed Internet access. The women informed me that in the past she would always advertise […]
Rents going lower in 29 markets
The Wall Street Journal reported that rents in 29 US markets have dropped as more unsold houses and condos have hit the rental market during the 4th quarter of 2007. If this trend continues and it looks like it will, landlords had better be prepared to get their rentals advertised early and in lots of […]
Home rentals on Rent.com
I have noticed with increased frequency that Rent.com is changing their site to accommodate home rentals and not just apartment communities. The site is now showing up in some results for home rental searches and they appear to have changed some link titles from other sites.
It seems a bit surprising that they would enter […]
Rental Maintenance Time
One idea that professional property managers use to cut maintenance time is to get tenants to do work for them! How do they do this? They ask. That is right. Most rental property managers place simple signs throughout their units to help guide tenants to complete simple tasks that help reduce calls for maintenance. You […]
Renting through Referrals
Last week I spoke with the manager of an apartment community in Charlotte, North Carolina. We talked for a while on the advertising his company uses to find tenants. I was a bit surprised when he told me that nearly 80% of their vacancies are filled from referrals. This means that existing tenants are recommending […]
Using the Internet to Rent
Let’s face it. Using the classified ads section of your local paper is quickly becoming a thing of the past. While still useful, most people are searching for rentals online.
Why is that the case? For the most part, renters can get online for almost anywhere and find rental listings quickly. But even more important, is […]
Getting results from your rental ads
There are many places online that you can advertise a property for rent. Some of these are even free. But regardless of where you advertise your rental, if your ad does not stand out, you won’t get many inquires.
How To Make Your Ad Stand Out
Renting a house or apartment is just like any other business. […]
Co-owning a Rental
Many people are co-owners of rental property. Sometimes they start out that way for example when a couple moves out and decide to rent instead of sell a property. Other times, individuals get together to in order to raise enough money to purchase a rental property. Regardless of how it happens, renting a property can […]
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