Your tenants are usually used to enjoying the common spaces and amenities your facilities have to offer. However, with the impact of COVID-19, you've had to close most of those spaces to maintain proper safety precautions. Here are five safety tips for reopening amenities.
Finding ideal tenants is one of the essential parts of a landlord or property manager's job. A bad tenant can be a drain on all resources – your time, money, patience, and even the goodwill and longevity of other tenants if you're renting a multi-unit property. An ideal tenant can be a breeze to work with, and the cash flow will keep coming in as long as they are happy.
7 reasons REITs are effective passive-income investments. The latest REIT statistics say that nearly 87 million Americans have invested in REITs directly, or through REIT ETF, or REIT mutual funds. You can call REIT a low-risk venture. That is why financial veterans recommend if you need money go for a REIT investment.
Any investment property owner will tell you there's more to the game than sitting back and collecting the rent! Handling the responsibilities of property management can take a toll. That's why it's essential to protect both your sanity and your asset with a monthly rent payment that's fair and accurately covers your actual burden.
Rent control has been a hot topic for 2020. With moratoriums in place on both evictions and rental rate increases, many property managers are concerned about the financial implications of their operations.