Rent, Buy & Sell

APRIL 25, 2022

This post looks beyond renovations and rental prices to explore the best ways to find and keep quality tenants. Why Screening is Essential to Finding Quality Tenants. Thus, the day-to-day maintenance and care of your rental units fall on the shoulders of your tenants. Steps to Tenant Screening. To Protect Your Property.

Pre-qualification 59

Pre-qualification Property Management Staging Renovation 59

Enertiv

NOVEMBER 3, 2023

Machine Learning is used to identify patterns and relationships among data sets, recognize anomalies, and make predictions based on historical data. As a byproduct, there is real-time transparency into tenant consumption for the first time. This is perhaps the most overlooked piece of the decarbonization puzzle. like writing tickets.

Commercial 52

Commercial Technology Property Management Industrial 52

Realtor.com

JANUARY 21, 2021

and are looking for a new tenant, you need to get your rental space up to snuff—and you need to know your facts. Typically, you must give your existing tenant at least 24 hours’ notice for an apartment showing. Even if it is, the tenant can prevent showings, so it’s best to maintain a good relationship with them.”.

Agents 119

Agents As-is 119

Enertiv

JULY 11, 2023

And then, with the combined adoption of technology and the pandemic, quality meant a digital experience for tenants, whether paying rent online, amenity apps, or a maintenance ticketing portal. ESG Reporting The new pressures to report on carbon emissions has changed the landlord-tenant relationship in a number of ways.

Commercial 52

Commercial Technology Property Management Staging 52

GeekEstate

DECEMBER 8, 2020

I started RentRedi out of the frustrating process of being on the tenant application side of the rental process, and after talking to landlords saw an opportunity to fix the landlord-tenant relationship. RentRedi reduces pain points in managing properties and landlord-tenant relationships. What’s next for you?

Property Management 80

Property Management Technology As-is 80

Lighter Side of Real Estate

FEBRUARY 21, 2024

She reported the activity to local police, but the new tenant whipped out a lease that appeared to be legitimate and signed by the owner. It may be further complicated by the pandemic, which put many people out of work, and gave tenants a period of time where they could not pay rent or worry about rent increases.

As-is 87

As-is Sales Marketing Mortgages 87

Realty Biz

DECEMBER 6, 2021

As a landlord, before you do notify a tenant of a rent increase, be sure you know when you can increase the rent and when the increase can become effective. The two most likely times to notify a tenant of a rent increase are shortly before a lease ends or at any time during a month-to-month agreement.

Residential 109

Residential Property Management As-is Marketing 109

Realty Biz

FEBRUARY 17, 2022

You want your tenants to love living in your properties so much that they don’t even consider moving out. One of the most important aspects of being an awesome, successful landlord (and keeping your tenants happy), is making sure that their homes are comfortable. Your tenants are paying you for a place to live.

Property Management 81

Property Management Inspection As-is Marketing 81

Redfin

SEPTEMBER 14, 2023

However, it’s not just about finding a tenant and handing over the keys. Lastly, consider your area’s market conditions and rental rates to set a competitive rental price that attracts suitable tenants while covering your costs. Opting for the right insurance coverage is a crucial step in this process.

Due diligence 60

Due diligence Property Management Mortgages Inspection 60

Enertiv

SEPTEMBER 27, 2021

Prior Relationships and Familiarity Too often, technology is in place (or renewed) because there is a long-lasting relationship with a certain vendor, sometimes one that has lasted 20-plus years. To be clear, relationships are critical and any successful deployment of technology requires a strong working relationship.

Technology 52

Technology Commercial Property Management Development 52

The Residential Specialist

APRIL 16, 2021

Right at the very beginning of the process, we always ask every prospective tenant, ‘Are you planning on buying?’” In my experience, most tenants don’t know they can use a REALTOR ® to help them find a rental home. I know a lot of REALTORS ® dismiss working with tenants, but I think that is a mistake,” Stone says.

Agents 98

Agents As-is Brokerage Finance 98

Realty Biz

FEBRUARY 26, 2023

By choosing the right property management software , investors can ensure that their properties are well-maintained and that any tenant issues are handled promptly and professionally. This can be especially beneficial for busy investors or those who live far from their investment properties.

Due diligence 92

Due diligence Investor Property Management Marketing 92

Redfin

MAY 31, 2023

Make your rental stand out “To maintain a five-star rental property, you’ll want to go above and beyond tenant expectations. Moreover, by ensuring access to a responsive property manager, you can guarantee that all aspects of the home are well taken care of, truly enhancing the tenant experience.”

Inspection 59

Inspection Property Management As-is Staging 59

RIS Media

JUNE 2, 2021

However, there are plenty of myths surrounding the agent-builder relationship. The agent-builder relationship can actually boost revenue for both parties. So, if you’re looking for relationships that are more professional and straightforward? Luxury commercial real estate could be a great option.

Commercial 98

Commercial Property Management Residential Lending 98

C4D Crew

SEPTEMBER 24, 2020

Say you’ve invested in real estate and rented out your property to a tenant and one day you get a message that there are a broken pipe and plumbing issues in your renter’s home. If you’re new to being a landlord, you might be wondering to yourself if that responsibility falls under you, or if your tenant has to maintain upkeep.

Property Management 52

Property Management As-is 52

Redfin

OCTOBER 14, 2022

From protecting your security deposit to keeping a good relationship with your landlord, we’ve got tips and tricks to keep your move-out easy. A notice to vacate letter (aka lease termination letter) is a formal letter a tenant writes to their landlord or property manager to end their lease agreement.

Property Management 60

Property Management Inspection As-is Renovation 60

Louisville Homes

APRIL 6, 2021

Marketing the Rental Property and Finding Exceptional Tenants. The truth is, it can be difficult to fill a rental with an exceptional tenant in a short amount of time. This will ensure you get the rental filled quickly, and have great tenants. To find an exceptional tenant, you do need to have some guidelines. Impossible?

Property Management 52

Property Management Due diligence Banks As-is 52

RIS Media

JULY 12, 2021

Working toward this goal begins with codifying relationships across the transaction. “Consumers love this piece of the puzzle because we maintain all of their documentation for seven years, making it easy for them to come back to the space should they need to after the transaction has been completed.”

Mortgages 97

Mortgages Technology Brokerage Lending 97

Realty Biz

SEPTEMBER 10, 2021

Property managers find quality tenants, keep the property maintained and in good repair, collect rents and perform evictions when necessary. You’ll still have to determine when to repair or replace systems and what kind of tenants you want. You’ll also have to take charge when it’s time to resell your properties.

Property Management 118

Property Management Investor Equity Mortgages 118

Realty Biz

AUGUST 25, 2023

These fees are considered ordinary and necessary expenses for managing and maintaining the rental property. Rental Properties: If you own a condo rented out to tenants, you may be eligible to deduct the entire condo fee paid for that property. Rental property owners often wonder if they can deduct their Condo fees from their taxes.

Property Management 68

Property Management As-is Mortgages Finance 68

Realty Biz

JUNE 28, 2023

This software allows for streamlined data management, system integration, and improved operational efficiency, which are crucial to maintaining a competitive edge in the real estate industry. Boomi can aid in maintaining compliance by ensuring data consistency across your systems.

Property Management 59

Property Management Technology Design Industrial 59

Realty Biz

MAY 9, 2022

Property owners and real estate agents embrace virtual reality (VR) to show prospective tenants and buyers the properties they offer while maintaining a safe distance. #3. A traditional way of maintaining real estate data is inefficient and time-consuming. For effective marketing.

Technology 78

Technology Purchase and sale agreement Investor Property Management 78

Easy Agent Pro

JANUARY 13, 2023

Renting out properties to tenants as a homebuyer and landlord comes with its set of headaches and frustrations. Finding out why a client is purchasing a home is an important foundation to start your relationship. Without an established relationship, there is no trust. Working with sellers is largely a transactional relationship.

Marketing 104

Marketing Purchase and sale agreement Agents VA loan 104

Windemere Buying

JULY 19, 2021

Tenancy in Common (TIC) When co-buyers hold a title as tenants in common, shares of the property can be divided equally or unequally. Working closely together will help maintain the health of your finances, and most importantly, your relationship. There are two main options for taking title to a home with a co-buyer.

Tenancy in common 52

Tenancy in common Debt-to-income ratio Title Finance 52

App Folio

SEPTEMBER 11, 2020

However, if you carry rental inspections out too often, you could risk souring the relationship with your residents, which could lead to increased churn. Ensures your residents are following lease terms, keeping your unit in good condition, and taking care of any tenant-required maintenance tasks.

Inspection 116

Inspection Property Management Technology As-is 116

App Folio

JULY 13, 2020

If you have a pool or barbeque, make sure they are clean and maintained. AppFolio’s One-Click Vacancy Posting is a tool that allows you to maintain consistency across all listing sites, saving you time and minimizing negative customer experiences on the other side of the screen. Embrace Virtual Leasing Tools.

Property Management 105

Property Management Technology As-is Marketing 105

Enertiv

FEBRUARY 26, 2020

The goal here is to maintain low wrench time while maximizing the effectiveness of maintenance that is performed. This directly leads to solidifying best practices around a data-driven model, improved tenant comfort, and lower maintenance costs. Emergencies take precedence over routine maintenance and schedules get altered.

Commercial 52

Commercial Technology Property Management Inspection 52

The Close

DECEMBER 19, 2022

Stay top of mind by maintaining regular communication, even if that communication is automated. A great customer relationship management (CRM) tool will allow you to schedule regular email communication (and even texts), and remind you periodically when a phone call is in order. Build a Relationship With Developers.

Agents 105

Agents Investor Property Management Development 105

HomeLight

SEPTEMBER 30, 2020

With a lease, the tenant has certain basic rights , such as the right to not have their privacy infringed upon, and to not be charged a deposit above a certain amount, among others. Lagrois compares the U&O to an Airbnb rental, in that there is no formal tenant/landlord relationship. Maintain homeowner’s insurance.

Purchase and sale agreement 54

Purchase and sale agreement Closing Rent back Investor 54

Redfin

AUGUST 11, 2023

From maintaining a balanced objectivity to perfecting market strategies, ensuring effective communication to building strong relationships with neighbors, This Redfin article presents a comprehensive list of vital vacation rental issues to sidestep. I can’t stress enough how crucial it is to pay cleaners. ” 18.

Property Management 59

Property Management As-is Marketing Technology 59

Marco Santarelli

OCTOBER 16, 2023

You can purchase a property and rent it out to long-term tenants, typically for a period of 12 months or more. You can also hire a property management company to handle the day-to-day operations of the rental property, such as collecting rent, handling maintenance requests, and finding new tenants.

Lending 52

Lending Investor Loans Due diligence 52

The Close

OCTOBER 26, 2023

Common Area Maintenance Estimated annual cost: $15,000-$30,000 Common area maintenance fees are additional expenses associated with the property that are passed through to the tenant. Pro Tip Don’t forget about the cleaning crew! Your agents won’t stay long if they have to take out the trash.

Brokerage 91

Brokerage Branding Agents As-is 91

Marco Santarelli

SEPTEMBER 6, 2020

You either have to do much, in the beginning, to set up your passive income stream or/and you regularly have to invest at least a bit time, effort or money to maintain that income. Passive income is the money you earn in a way that requires little to no daily effort to maintain. What is Passive Income? What is so fascinating about it?

Lending 135

Lending Loans Investor Branding 135

HomeLight

DECEMBER 23, 2021

Disclaimer: Laws regarding tenant rights vary by locale. However, if your property is occupied, you need to be aware of a tenant’s rights when a house is for sale as they pertain to your area, as well as the specific terms of your lease agreement. Does a tenant being behind on rent impact a landlord’s ability to sell?

Purchase and sale agreement 113

Purchase and sale agreement Sales Investor As-is 113

Marco Santarelli

APRIL 10, 2024

Knowledge of landlord/tenant laws. Familiarity with the state laws that govern the landlord/tenant relationship is a must for any property owner. At the very least, a landlord needs to have basic plumbing, electrical, carpentry and landscaping skills to properly maintain a property. Effective tenant screening.

Property Management 98

Property Management Residential Development As-is 98

HomeLight

MARCH 31, 2022

This will then show you a list of the different online public records that are maintained by the county. Many states maintain their own official lists of inventories or registers of historic and cultural resources,” says Jeff Joeckel, an archivist with the National Register of Historic Places. Relationships between residents.

Title 139

Title Land Title search MLS 139

Realty Biz

SEPTEMBER 19, 2023

Apartments.com Rental Manager: An app tailored for independent landlords where tenants can pay rent directly along with sharing maintenance requests. These and other communication applications help maintain open lines of consistent communication with all relevant parties involved within the Real Estate business sphere.

Property Management 98

Property Management Design Inspection Finance 98