Month: January 2012
Successful Investing in College Housing Stems from Proper Management
Posted on: January 22, 2012 by total
The current image of management companies in Boston is that they are slow to respond, disorganized and often quite rude.
The risks and rewards of Pets in Rental Property
Posted on: January 21, 2012 by total
Pets have the potential of being quite destructive – soiling carpets, chewing various surfaces, scratching doors or walls, and digging. While this risk is definitely present, allowing pets also presents a new revenue stream that can make a big difference in your rental cash-flow.
Get Social with your Rent Collection!
Posted on: January 20, 2012 by total
If you aren’t currently using social media to communicate with your residents I think you will be surprised to find how beneficial it can be. You can use social media sites like Facebook and Twitter to maximize your community awareness, attract renters, and stay ahead of the marketing game. An easy way to encourage residents to pay their rent online is to post a link on your Facebook or Twitter page! Tips for Rent Reminder Facebook Posts and Tweets Providing a link to take residents directly to your payment page will make it as easy as possible for them to pay instantly. If you post a link to your properties login page, automatically generated text will appear. Feel free to change this text and customize your message.
Resident Rewards = Resident Retention
Posted on: January 20, 2012 by total
Money saving web sites such as Living Social, Groupon and ShopKick, have spread through the World Wide Web like wild fire.
National Attitude Toward Renting Improves
Posted on: January 20, 2012 by total
January 19th, 2012 High apartment occupancy rates and other signs indicate the nation is moving toward a future different from the one previously expected, according to The Fiscal Times. That future will be one in which more Americans prefer to rent their homes rather than own them, if current trends continue. The homeownership rate has dropped from 69 percent in 2006 to 62 percent, according to a report from the New York Federal Reserve
Spotting the Rotten Apples: A Landlord’s Guide to Avoiding Terrible Tenants
Posted on: January 20, 2012 by total
There are essentially three ways that a tenant can cost landlords money: 1. They don’t pay their rent, 2. They cause damage to the rental property, and 3.
Occupant Behavior: Five Keys to Meeting Environmental Performance Goals
Posted on: January 19, 2012 by total
Prepare to be shocked. Or at a minimum, informed. Occupancy behavior is holding us back from reaching environmental building performance goals. Not funding. Not awareness levels. Just behavior. Every day, new Leadership in Energy and Environmental Design (LEED) certified and
Rent, Income Growth Predicted to Pace Each Other
Posted on: January 15, 2012 by total
New research from forecasting firm Property and Portfolio Research (PPR) suggests average rents and median household incomes will grow at similar rates.This represents a departure from the trend of the past decade, according to the source, during which rents rose about 8 percent slower than incomes, partially due to atypical focus on homeownership during some […]
Resident Retention Strategies: Three Tips to Kick Off a Strong 2012
Posted on: January 11, 2012 by total
It’s no secret that the costs associated with tenant turnover can be exorbitant. A 2011 SatisFacts study estimates move-out costs average around $3,900 per unit, which includes, among other items, $1,200 in lost rental income, nearly $800 in concessions and
Tenant Bankruptcy Affects the Right to Evict for Landlord
Posted on: January 04, 2012 by total
Whether a tenant has filed for bankruptcy before or after an eviction judgment affects the steps a landlord must take to regain possession of the rental unit. What If the Tenant Filed for Bankruptcy after an Eviction Judgment? Prior to..
