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Comparing commercial lease types

Comparing Commercial Lease Types: Net, Gross, and Percentage Leases

So you’ve decided to take the plunge into commercial real estate. Investing in and managing commercial properties is quite different than the residential market, and many of those differences start with the lease.  New landlords often have limited experience with commercial leases and the differences can understandably seem complex and overwhelming. But, fear not, there’s no need to stress. Below, we’ve compiled simple, easy to understand summaries to helpRead more
Stressed out landlord dealing with tenant turnover

Putting a Price Tag on Tenant Turnover

In a perfect world, you will find long-term, reliable tenants who pay rent on time, take excellent care of their property and have no intention of moving.  Unfortunately, the world is not perfect. If one of your tenants does decide to move out, understanding exactly where your expenses are coming from will help you better understand the importance of retaining renters and minimizing tenant turnover. Understand How Tenant TurnoverRead more
Pet in rental apartment

Should You Allow Tenants to Have Pets in your Rental Properties?

There are lots of variables to consider when determining whether or not you should rent your property to a particular tenant. A bad credit score can tell you a tenant might not pay rent on time. A messy background check can indicate they’ll miss-treat your property or even be a danger to their neighbors. These are obvious red flags and make it easy to disqualify. But what about aRead more
Signing multi-year lease

What to Ask Yourself Before Signing a Multi-Year Lease

Although twelve month lease agreements are the gold standard for property management, there are tenants out there who, for a variety of reasons, are interested in multiple-year contracts. As a landlord, there’s reasons to be interested as well. Perhaps most attractive is the fact that you’ll be guaranteed revenue for the period of the contract, and you won’t have to worry about vacancies draining your savings. Additionally, you won’tRead more
Staging Rentals

4 Tips for Staging Rentals: Small Changes Make a Big Difference

While some might think that the added process of staging rentals is only important for selling homes or renting big complexes, large or small, a tenant’s first impression is something you can never get back. It’s hit or miss, and when you’re looking to have someone sign on the dotted line today, it’s important that you hit from the moment they walk in. According to celebrity stager, Meredith Baer,Read more
Property damaged protected by renters insurance

Renters Insurance: Why It Isn’t Too Much to Ask

As the number of renters in America has increased in recent years, so has the number of people buying renters insurance. According to a 2016 Insurance Information Institute poll, 41 percent of renters said they have insurance – a small number compared to the 95 percent of homeowners who have homeowners insurance, but a notable increase from 29 percent of renters in 2011. Renters insurance is on the riseRead more
Furniture left behind

Tenant’s Furniture Left Behind After Move Out – Whose is it?

Tenants are prone to leaving things behind during a move out. More often than not, it’ll be little more than trash and used cleaning supplies, but what is to be done when there’s furniture left behind? If you have new tenants moving in, clearing out the property quickly and entirely is one of your top priorities. How you should handle these items – from furniture to a pile ofRead more
Person searching through property listings

Easy Ways to Add Personality to Your Property Listings

There are numerous sites dedicated to helping potential tenants find rental properties, and competition on them is fierce – 84% of renters turn to the Internet to find their next apartment or house. So when a potential tenant is scrolling through the hundreds upon hundreds of property listings in your area, it’s absolutely essential that you take the necessary steps to make yours stand out. You don’t want otherRead more
Renters paint an apartment

Paint by Renters: 5 Easy Steps to Smartly Let Your Renters Paint

It’s a familiar situation. You hire professional painters, get the whole interior a crisp, clean, incredible white, and some lucky tenants are swept off their feet just enough to bite. Surely it was the immaculate floor to ceiling coverage of that Sherwin Williams SW7028 that sold them. But then, about a month into their stay, you get a call. It's your tenants. They want to make some changes. ShouldRead more
House showing

The Dos and Don’ts of a House Showing

It’s little secret that the internet age has fundamentally changed the real estate market. According to a joint study by Apartments.com and Google, 72 percent of renters start their apartment search online. But even as real estate goes increasingly digital, it’s important to remember the importance of a house showing. Sure, you can post your property on every real estate website known to man and spruce it up withRead more

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