Top Tenant Complaints and How to Solve Them
No matter what, any landlord will receive their fair share of tenant complaints. Issues, no matter how minor, are likely to materialize throughout your time managing rental properties. Developing skills that help you respond to complaints and resolve issues can make it easier to retain long-term tenants. Ignoring tenant complaints may lead to a tenant breaking their lease early, which can affect your monthly income. Learning about how to manage the most common tenant complaints before they even happen reduces your stress and protects your time…
What to Do with a Tenant's Possessions after an Eviction
If a difficult tenant finally moves out of your rental property, you may breathe a sigh of relief. Unfortunately though, the issue isn’t over if you find that their possessions are still in one of your units. You might be tempted to just get rid of everything. However, removing the items properly is still a part of the California eviction process. To avoid legal consequences, you have to follow certain rules and give the former tenant an opportunity to retrieve their possessions, regardless of the circumstances that ended the tenancy. As in ev…
Rental Property Marketing Mistakes
For landlords with multi-family properties, effective marketing is key to filling vacancies and maximizing profits. However, navigating the realm of rental property marketing can be complex, with numerous pitfalls waiting to derail your efforts. In this article, we'll cover some of the most common mistakes landlords make in marketing their rental properties and explore solutions to those mistakes (so you can avoid making them in the first place). Keep reading to learn more! The Importance of Rental Property Marketing Marketing is the lifeline …
How to Be a Long-Distance Landlord
You may not have planned to be located far away from your rental property, but life happens, and you might find yourself having to move to a new city for your family or career. However, moving away doesn’t mean you have to sell your investment properties. Nowadays, advanced technology works to the advantage of long-distance landlords. Keep in mind that managing a property from far away can be filled with certain challenges. You can’t be there to attend to maintenance concerns or mediate tenant disputes. As a result, long-distance landlords have…
Risks of Having a Vacant Rental Property
Investing in rental properties in the Bay Area can be a lucrative venture, offering a steady stream of income and long-term financial stability. However, this doesn’t mean that owning and managing your rental property is always easy! Even with an effective marketing strategy, chances are that your rental property will be vacant at times. Economic downturns or oversaturated rental markets can make it challenging to attract tenants, leading to longer vacancy periods. This doesn’t only impact your rental income but also leaves your property vulne…
