Opening your rental property to tenants who own pets can present both advantages and risks. You need to weigh the impact and determine whether being a pet-friendly rental is suitable for you. As a property owner, if you do accommodate renters with pets you need to include a pet policy in your leasing agreement. This post provides information to consider when deciding whether or not to welcome tenants with pets in your rental space. Advantages of a Pet-Friendly Rental Initially, landlords may be opposed to allowing pets in their rental propertie…
Should You Rent Your House Furnished?
Rental homes can be furnished or unfurnished depending on what your target renters need. Most families already have furnishings and appliances so furnished units can mean doubling the items in their home. They tend to prefer unfurnished units to avoid dealing with this situation. On the other hand, students or those entering the workforce for the first time may need to rent homes with a complete setup where they can move in right away. To determine which one fits your goal, check out the pros and cons of having a furnished or unfurnished rental…
How to Create a Video Tour of Your Rental
The right marketing techniques can bring in a lot of prospective tenants to your rental property. One of the ways to advertise, aside from professional photos, is by creating a video tour. Video tours are a trend nowadays considering that few people have the time to commute to see a unit in person. At first, you might find the idea intimidating but it doesn’t have to be. You can hire a professional or do it on your own. You also don’t have to purchase high-end video cameras because your smartphone can be a powerful tool when used the right way.…
The Benefits of Hiring a Property Management Company
A rookie landlord may decide to self-manage a rental property to save on costs. You might be hesitant and think that your property will not be given the attention it deserves. Contrary to your thoughts, having the full support of a reputable property management company will do wonders for your rental business. In fact, there are several benefits one can derive from hiring a property management firm. Here are some of them: Legal Expertise Since property management companies’ core services focus on managing a rental property, they’re incredibly k…
How to Keep Renters Happy
As a landlord, your aim is to always keep your renters happy. By achieving this, you’ll be able to naturally conserve your energy and resources in rental management. When you maintain the happiness of your renters, it means that the areas of property management you've been continually implementing and improving on are paying off. Knowing what exactly it is about your property that inspires this joy will also allow you to continue those practices moving forward in the rental business. Here are areas you can focus on and remain consistent with to…
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