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Vacancies are every landlord’s worst nightmare. They not only diminish your rental income, but also end up increasing your maintenance costs. You’ll always want to ensure that you have a tenant in your property. High occupancy rates mean a steady income and lower expenses, resulting in a high return on investment. One of the best ways to ensure occupancy is by renovating your rental property. This can increase your rental property’s desirability, which can help both attract and retain quality tenants by keeping them happy. However, don’t renova…
Continue Reading...In the historic town of Plymouth, Massachusetts, where colonial charm meets modern living, property owners face the crucial task of finding reliable tenants for their rental properties. Effective tenant screening is the cornerstone of successful property management whether you’re a part-time or full-time landlord, ensuring a harmonious landlord-tenant relationship and protecting your investment. This comprehensive guide will walk you through the essential steps of tenant screening in Plymouth, MA, helping you make informed decisions and minim…
Continue Reading...While some tenants will immediately sign a lease agreement, some will move out when the tenancy expires. As a landlord, there are a few tasks you must do to prepare your unit for the next group of residents that will occupy it. Staging a unit is recommended to make the space more attractive and easy to market. Keep reading this article to find more tips to consider when getting your rental home rent-ready! Post Your Vacancy Immediately on Multiple Listing Sites A vacant unit will still cost you in terms of maintenance. In addition, you even h…
Continue Reading...Pet ownership has increased significantly in the past decades. According to Forbes, approximately 66% of U.S. households currently own pets. This number is expected to grow even more in the upcoming years. As a landlord, this can represent a profitable investment opportunity. Opening the doors of your rental property to people with pets can be incredibly beneficial. Pet owners often look for long-term accommodations to avoid having to move constantly with their pets. They’re also willing to pay more for pet-friendly accommodations. In this gu…
Continue Reading...Keeping tenants satisfied in the modern rental market is more crucial than ever. With increasing competition among part-time and full-time landlords and property managers, understanding how to create a positive renting experience can significantly impact tenant retention rates, property reputation, and overall profitability. Satisfied tenants are more likely to renew their leases, take better care of the property, and recommend your property to others. This in-depth article will share some excellent tips to ensure your renters are happy and st…
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