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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Yet, there are several ways that the lease renewal process can go wrong, potentially deterring outstanding tenants and resulting in added expense for property managers. Typically, rental property owners and managers should analyze local rental market conditions at least every year to monitor rental pricing in the area meticulously.

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How Vendor Relationships Can Improve Your Property Management Operations

Real Property Management Evertrust

Creating a network of dependable vendors is crucial if you are a rental property owner or manager who prefers to keep your rental property in good condition. Establishing solid vendor relationships is vital for cost-effective property maintenance and high-quality work.

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28 marketing strategies for property management companies

Buildium

Utilize Content Marketing Content marketing involves creating and sharing valuable content to attract and retain customers. For property management companies, this could include blog posts, videos, infographics, and downloadable guides. Case Studies: Share case studies that highlight your successes in managing properties.

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The 10 Features of a Great Property Management Company

Property Management Inc.

Their property management services help you focus on what matters most, whether that's growing your portfolio or spending more time doing what you love. Rigorous Tenant Screening to Protect Your Property A key feature of exceptional property management services is their focus on thorough tenant screening.

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How to Minimize Vacancy Rates in Your Rental Properties

Young Management

Vacancy rates are one of the most significant concerns for property owners and landlords. A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Understanding how to minimize vacancy rates is an essential skill for any property owner.

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The Role of Digital Marketing in Attracting Tenants

Property Management Inc.

Utilizing Paid Search and Geo-Targeted Ads If SEO is the slow-build suspense of a great plot, paid search offers the thrills of instant results. Paid search campaigns like Google Ads ensure your properties appear right in front of prospective tenants.

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What Is a Lessee? Definition & What You Need to Know

Bay Property Management Group

This also includes utilities and other fees. Take Care of the Property A lessee is expected to keep the rented property in good condition. A Lessee Is Always Responsible for Property Maintenance While lessees must keep the property clean and report issues promptly, major maintenance (e.g.,