Remove Property Management Services Remove Rental Property Remove Utilities
article thumbnail

How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals are a typical part of rental property management. The most favorable outcome could be maintaining a reliable renter, which aids in preventing turnover costs and ensures a consistent rental income. This market analysis is a key element in rent adjustments and can be utilized to justify any increases.

Lease 130
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Email Segmentation: Segment your email list based on client interests and behaviors.

article thumbnail

Real Estate Crowdfunding: A Game-Changer for Rental Property Owners and Managers

Real Property Management Chicago

Real estate crowdfunding is developing the manner in which rental property investors grow their portfolios. Usually, acquiring new properties requires extensive upfront investments or complex financing (or both). Investors provide modest sums of money in exchange for a share of the propertys income or equity.

article thumbnail

Snow Removal Responsibilities in Rentals: A Guide for Landlords and Tenants

Real Property Management Evertrust

If you own a rental property in a region with snowy winters, you may be contemplating how to cope with the responsibility of snow removal. The regulations regarding snow removal for rental property owners are quite extensive and even intricate. Who is responsible for this task – you or your tenant? 

Tenant 227
article thumbnail

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.

article thumbnail

Creating Virtual Walkthroughs That Rent Your Property Faster

Real Property Management DC Metro

They aim to get a feel for a rental property without a physical visit. Consequently, virtual tours are now essential for rental property marketing. This powerful tool enables prospective tenants to tour properties autonomously, minimizing the need for an in-person showing. Contact us today or call 202-269-0303.

Rent 55