June is national safety month, and as the hot weather gives way to pool parties and wildfire seasons, it’s no wonder this marks the perfect time to make note of your safety procedures. Keeping your tenants and your property safe is perhaps the most important task a property manager or landlord has on their plate, […]
Becoming a landlord can be a great way to earn passive income and save for the future. And whether you became a landlord accidentally (through inheritance or a simple need to create income with an extra property) or have purchased a property with renting in mind, every landlord has to start somewhere. Learning the basics […]
One of the biggest cash flow killers in property management is tenant turnover. When a tenant moves out of your rental property, not only do you miss out on monthly rental income from the unoccupied unit, but the costs continue to add up when you factor in the additional steps it takes to get your […]
The current rental market is tight. Many renters are finding that, on a single income, they may not meet the income requirements for their dream apartment. Getting a roommate to help with expenses can a smart option that allows you to apply for rentals that you would otherwise not be able to afford. This can be […]
Before I moved into my first apartment, I spent hours daydreaming about the fabulous decorations that would help me achieve the independent woman lifestyle I was craving. I poured over magazines and Ikea catalogs, making idea boards and hand-drawn design layouts with my soon-to-be-roommates. I thought I would finally be free of the limitations […]
When you own one or two investment properties, there will come a time when you ask yourself if you should hire a property manager or conduct all the landlord responsibilities yourself. On the one hand, working with a property manager gives you a hands-off approach to your rental properties. On the other hand, working with […]
Maintaining a residential property requires active care and preventive maintenance to ensure the longevity of your home. In the case of rental housing, most owners do not live onsite and rely on tenants and management to maintain the condition of their investment property. Despite one’s best effort to screen applicants in order to find […]
It’s almost summer. School children are doing a happy dance, and pool parties will soon be in full swing. With the warm weather closing in, your residents will surely want to get outdoors and enjoy the sunshine. This means any community features you offer need to be prepped and ready for use. Pool areas, BBQ […]
The following article was originally written by Nathan Miller for Forbes. Four Properties That Are Guaranteed To Be A Bad Investment When you evaluate a potential investment property, you need to consider more than just the list price to determine if it will be a good investment. You need to be familiar with the local […]
Rentec Direct is excited to announce the recipients of the 2018 Rentec Direct Tech Mastery Scholarship. The Tech Mastery Scholarship program from Rentec Direct provides assistance to undergraduate and graduate students by helping them achieve their academic dreams and future goals in technology. “Technology is constantly changing and adapting thanks to new ideas and innovations […]
Maintaining a residential property requires active care and preventive maintenance to ensure the longevity of your home. In the case of rental housing, most owners do not live onsite and rely on tenants and management to maintain the condition of their investment property. Despite one’s best effort to screen applicants in order to find […]
Property managers that thrive execute one thing very well: Efficiency. Because there are so many moving parts that go into running a successful rental business, property managers need have a system that keeps them efficient and effective. Property management software gives landlords and property managers a convenient solution to organize their rental business and streamline […]
Congratulations on making the leap towards owning an investment property. Real estate investments are often seen as one of the most reliable (and profitable) investment opportunities due to the tax benefits and income potential. However, a reliable and profitable investment will only become safe and lucrative if managed properly. A new landlord needs to take […]
Make a lasting first impression with a Rental Resume to make sure your landlord remembers you during the rental application process. Applying for a rental home can be as competitive as landing your dream job. The best properties will attract the most qualified tenants, and as a renter, the application process should be approached like applying […]
Landlords and property managers are required to follow their federal, state and local laws about informing tenants of policies, facts, and rules about the property. Any information that is shared with a renter about the property or a renter’s rights are considered disclosures. Landlord disclosures can either be included in the lease or rental agreement, […]