News — PropertyManagement

As a landlord, you’ve probably learned the value of observing your peers. You’ve learned many excellent approaches by shadowing other landlords, but you can often learn more from their mistakes. In 2019 and beyond, you can be an impressive landlord by simply observing and avoiding these common errors: 1. The Price Is Wrong Be realistic with your rent pricing. Asking too little will diminish profits and potentially attract the wrong tenants. Asking too much will turn away great tenants and create more vacancies. Perform a market evaluation to determine the correct price for your property’s location, size, and amenities. 2....