If you’re a property manager responsible for a large portfolio, or just a landlord with an attached rental space on your property, it’s important for you to know your potential renters well. Zillow recently released a quiz testing just how well you know your renters, based off of the Renters section of the 2017 Zillow […]
How well do you know your renters? Here we look at the main demographics that make up the renter generation, including Generation X-ers who lost their homes during the housing crisis, to the Millennials who finally moved out of their parents’s basements, and to the new renters of Generation Z. Generation X Born late sixties […]
While the economy slowly recovers, millennials seem content to enjoy the amenities associated with renter life, rather than buying. Millennials have been coined the renter generation, and while that title may be debatable, the reality is that millennials and Gen-Y make of one of the largest pool of renters. This means that there are some […]
A new report from student housing experts ABODO, reveals the preferences and spending power for student renters and the millennial generation. Millennials are the largest source of new demand for rental housing, making their housing needs an important consideration for property managers and rental property owners. With 78.6 million young Americans aged 19-36 making up the […]
Millennials received a lot of criticism amidst the Great Recession as the generation most likely to move back home with family, with a shiny college degree but no job to help pay off the debt incurred from their education. But as the economy slowly recovers, so has the outlook for many millennials as they move […]
In an annual report from Rent.com, 41 percent of landlords and property managers noted seeing an increase in millennial renters in the past year. This observation supports a general trend in the rental market: millennials are foregoing home ownership for renting. According to CNN Money, the Census Bureau reported a six percent decline in homeowners […]
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, […]