Property Management News
Owning rental properties comes with a handful of responsibilities. One that ranks high is appliance maintenance and repair. Appliances used daily by tenants tend to wear out. You can’t control that. But understanding common problems gives you a head start. If you’re ever scrambling to find appliance repair in Atlanta, it helps to know what’s likely to break and how to approach fixing it. Most landlords encounter the same breakdowns repeatedly. These typically involve refrigerators, washers and dryers, ovens, heating and cooling systems, and garbage disposals. Each one has unique repair needs, cost implications, and urgency. Only knowing the basics isn’t enough, though. Successful... Read more
May-August are common times for people to relocate, making it a busy season for landlords and property managers. As peak rental season gets into full swing, a little...
Ever wonder if there’s a quick way to get a feel for whether the asking price or future value for a multifamily property is in line with its competitors? Knowing the...
Leasing is at the heart of a thriving residential property management business. Whether you’re handling a cozy multi-family building or a sprawling apartment complex,...
Most landlords anticipate a few cleaning and repair expenses when a tenant moves out. But what many don’t realize is just how expensive rental turnovers can become...
Do you lose new leases and renewals when renters present sales objections? An objection is anything that runs contrary to your offer. It could be a complaint about price or amenities, or even mere hesitancy to renew a lease. The ability to handle sales objections can make or break your property management business. This article explores ways to identify, address and handle objections smoothly. The better you are at it, the more likely you are to see two important results: Increase the likelihood of signing or renewing a lease Reduce the overall length of the leasing cycle Keep in mind, this is not just about closing — it’s about understanding concerns, active listening, building... Read more
🤕 Problems & symptoms of a negative resident experience “We have a good renewal system, but still higher than normal turnover.” Resident satisfaction...
Introducing new staff to the realities of property management goes beyond reviewing lease terms and daily operations. It includes preparing them to handle complex...
Protecting what’s yours is one of the most important parts of managing a rental property. And if you’ve been asking yourself, “What insurance do I need if I rent...
Problems & symptoms of a weak lease renewal strategy You don’t have a renewals system or strategy. The first line of defense in combating vacancies is having a...
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