Repairs and maintenance make up the largest category of any property owner’s budget. There’s just no getting around it – it takes money to maintain and operate a rental unit. While some of these costs and responsibilities can be handed off to your tenants (if...
The tenant-landlord relationship is adversarial in its design. The landlord is the person collecting rent, they have control over the residence, and in terms of winning over praise, there’s basically no hope, at least categorically. This inherent power imbalance can...
A key motivation for any property investor is obviously to maximize returns. What’s not always so obvious is exactly how to go about doing that in an effective and sustainable way. This is where focusing on NOI, or net operating income, becomes important. For real...
Increasing NOI doesn’t require complicated computations or abstract algorithms. Anyone can do it with a sound strategy and insightful data to guide their decision-making When it comes to operational expenses in particular, using past data to inform future investment...
Maintenance expenses are far and away the greatest category of spend for any property investor. While that may not seem like the greatest news, the silver lining is that it also means it offers one of the greatest areas of opportunity in terms of how you can optimize...
You’ve done all the right things to secure a high-quality tenant. You have a great resident in your property who pays their rent on time, is not disruptive and follows the rules. Now, the question is, how do you keep them? Ways to Retain a Resident at Renewal While...
