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silent landlord communication

How Being a Silent Landlord Can Cause Problems

Nobody understands how busy you are as a property manager or landlord better than us here at Innago. You’re constantly meeting deadlines and handling situations and challenges that it’s impossible to plan for or even see coming. Compounding this, for many landlords, managing properties is a side gig, paired with a 9-5 job that has its own demands and stresses.  It can be easy to let some of theRead more
Rental properties, increase revenue

6 Ways to Increase Revenue That you Might be Missing Out On

If you’re wondering how to increase your return on property investment, there’s assuredly something you haven’t tapped into yet. Potential opportunities to increase revenue are often overlooked and rarely maximized.  Whether you’re a veteran landlord with multiple properties or a greenhorn still polishing the management practices on your first, below are ideas that any landlord can apply to bring in up to hundreds of extra dollars every month. OfferRead more
Pest Control Exterminator

Who Should Be the Exterminator: Tenant or Landlord?

After we finished making our first meal in our newly renovated apartment, my girlfriend and I assumed our favorite positions on the couch and began watching the newest episode of Game of Thrones. We both were locked into the season finale when out of the corner of my eye I saw a flying black object approaching the TV. To my surprise this was not one of Khaleesi’s baby dragons,Read more
Renting Garage Space Out

Renting Garage Space Out: What do you Need to Know?

Depending on your location, renting garage space is a great and reliable form of extra revenue, especially in light of the high demand for long-term parking in urban areas. Whether you’re considering opening up your property’s garage to potential renters, looking at investing in a property with a garage, or you simply want to maximize assets you already have, here are some important tips moving forward. Additional Reading: Efficient Growth:Read more
Downsize portfolio

Is it Time to Downsize your Property Portfolio?

Managing a portfolio can take a great deal of effort. On average, you should shoot for at least one manager per 150-200 units to operate efficiently. If your unit per manager ratio is getting too high, then maybe it’s time to downsize. Landlords downsize for many reasons: they decide they want to focus on other business opportunities, they’ve forecast a downward turn in the market, or (most frequently) they’veRead more
Efficient Growth

Efficient Growth: When Should Landlords Look For Software?

Purchasing a rental property is a fantastic way to invest your money. If you own a single unit or even just a handful, the challenges of marketing, maintaining, and managing your rentals are fairly minimal. But as with any lucrative investment, positive returns lead to additional purchases, and you can quickly find yourself with a time consuming and headache inducing portfolio. As your business grows, it's crucial to focusRead more
Commercial properties

Online Rent Payments: Commercial Properties, It’s Time to Upgrade

Property managers have been accepting paper checks for their commercial properties for years, but is that the optimal payment method for B2B transactions? We (and most businesses) think not. In the past twenty years, more and more small businesses – particularly those that often occupy commercial spaces – have made the push for more convenience at check out. Now they’re starting to expect that same level of service whenRead more
Calendar late fees

Late Fees: Are you Using them Effectively?

Every landlord has encountered tenants who don’t make paying rent on time a priority. Usually, a late fee will be implemented to act as a threat, not an actual debt. Since it’s a threat, the tenant often won’t pay the late fee. And once they’ve managed to avoid the late fee the first time, they may take advantage of your leniency in the future. This can result in aRead more
Long-term guests couch surfing

How to Handle Long-Term Guests

As a landlord, finding out that someone has been living on your property unbeknownst to you is far from good news. Long-term guests aren’t bound by the terms and conditions of the lease, so having them reside with your actual tenants is a problem waiting to happen. If you’ve found yourself wondering why the office has suddenly been changed to a makeshift bedroom or the couch in the livingRead more
Effective Marketing for rental properties

Effective Marketing: 4 Ways to Improve Your Rental Advertising

Believe it or not, the first ever paid advertisement in the US was for an estate in Long Island that was posted in the Boston News Letter way back in 1704. Keep that in the memory bank for office trivia night. Now I’m sure you’re aware, but marketing strategies have changed quite a bit since that first American ad. Landlords now rely on online listings, social media ads, andRead more

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