Now that summer is behind us, it's time to look forward to sweater weather, cozy fires, and warm drinks. It's also time to prepare your apartment for this season, too. The more you do now, the less you'll be burdened with later.
If it’s hard for you to get your tenants to renew their unit leases, you may have a problem with tenant turnover. Ideally, you’d like good quality tenants to set up camp for a long time, but that usually doesn’t happen. A new job or circumstances can cause your tenants to leave, or it could be a problem with your building.
A go-to move out checklist is an essential tool for landlords. Moving tenants out of rental units requires thoroughness and keen observation, which a move out checklist assists with. It also serves as an official record of wear and tear in a suite.
Everyone knows there’s a big difference between talking the talk and walking the walk. Property management companies can excite you with plans and promises, but do they actually deliver on them? Is the one you hired worth the expense?
Apartment buildings can be a reliable source of income if they are well maintained, well run, and successful. If they fit these three criteria, your pockets will never be empty. However, if one of them becomes neglected, your profits will start to slide.
Topics: Investing with Real Estate