In our previous article, we discussed some of the reasons why vacancies are longer and harder to fill during the winter season. This is especially true during the month of December. Try as you may, we may not be able to locate a tenant during the next month or so. There are, however, winter improvements…
The Dilemma: It is time to rent out your vacant unit. Your property manager says the market rent is $1,200 per month. You cannot afford to take less than $1,300. Do you wait to find a tenant or accept less rent? What should you keep in mind when you set a price for your rental?…
We want to keep our tenants safe. We also want to keep the building you rent in the best possible condition. Since you are in the unit much more than we are, we depend on you to keep us appraised of any problems, repairs, or emergencies. One emergency that can be life-threatening is a natural…
Not All Rental Renovations Are Equal Often times when one looks to invest in an income property, the concern is whether or not the property will be attractive to the tenant. What we fail to discuss is whether the property will be kind to the landlord. Listed below are a few investments that we think…
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