The Vacant Free

The Grass is Always Greener: How to Get Your Tenants to Take Care of Your Yard

Posted by Chelsea Glaser on Mar 21, 2019 11:32:00 AM

A green, manicured yard can be a huge draw in for tenants. It'll evoke daydreams of summer barbecues and frolicking puppies, of sitting in the garden with a good book, or picnicking with the kids on the lawn. The benefits of having a nice yard are easy to see, however it's important to set the expectation for prospective tenants that a yard is also a responsibility that requires maintenance.

Read More

Topics: Property Management, Rental Property, Showings, Tenants, Property Managers, Investment Property, Landlord, Rental Income, Passive Income, Damage Deposit

Managing the Move Out Mess

Posted by Chelsea Glaser on Mar 16, 2019 6:09:33 PM
When you're on the way to your rental property for a final move out inspection, you're crossing your fingers that you're going to find a squeaky clean, move-in ready space. Maybe, just maybe, the carpets have been shampooed, the cupboards are crumb-free, the drains are hairball-free, and baseboards have been dusted.
Read More

Topics: Property Management, Rental Property, Showings, Tenants, Vacancy, Property Managers, Landlord, Rental Income, Passive Income, Moving, Damage Deposit

Escaping the Grind: 3 Ways to Maximize Passive Income for Your Rental Property

Posted by Chelsea Glaser on Mar 10, 2019 1:23:22 PM

An increasing number of people are starting to jump on board with the idea of finding some passive income streams in addition to their 9-5 jobs. Passive income refers to work you continue to get paid for after you’re done—whether you purchased a franchise you have managers run or you have a rental property, minimal day to day work is required to generate income. Having additional revenue streams can open so many doors and give you more freedom in life. Whether you use the extra funds for travel, retirement savings, paying off your student loans, or you continue to build your investment portfolio—passive income helps you escape the constant grind of getting financially ahead. Sounds like a pretty nice deal—do the up front work, and then make money while you sleep. However, this only works when you plan ahead to minimize your time commitment while maximizing your profit. 

Read More

Topics: Showings, Vacancy, Investment Property, Rental Income, Passive Income

Furry Family Members: Why You Should Allow Pet Tenants

Posted by Chelsea Glaser on Feb 25, 2019 3:04:34 PM

When it comes to allowing pets in your rental property, we often imagine the worst case scenarios. Our minds flash to Baxter the labradoodle chewing up the baseboards and Felix the tabby cat hacking up hairballs on the carpet. We imagine stains and lingering odors, rogue hairs and scratches on the hardwood. We can get creative imagining the list of potential damages, however the reality is, pets simply aren’t all that destructive. Statistics are showing that opening your doors to Baxter may actually be a pathway to increasing your rental revenue.

Read More

Topics: Property Management, Rental Property, Tenants, Rental Income, Pet Rentals

So You Have a Vacancy. Now What?

Posted by Chelsea Glaser on Feb 13, 2019 9:34:28 AM
Whether your renters are downsizing, moving to a new city, or they’ve started a dog grooming business in the living room and you need them to go, having a vacancy is never ideal. There are inevitable bills to pay and payments to make, so the longer your investment property sits empty, it becomes a bigger drain on your resources. The single best way to manage a vacancy is to simply avoid having one.

The goal is to prepare for your upcoming vacancy by marketing it right away and getting a new tenant lined up to minimize transition costs. There are several popular marketing tools you can use to help you spread the word and get new tenants. Browse around some of these sites and see if they’d be a good fit for you to reach potential renters in your area:

Once you gain traction on your listing and you get some inquiries, suddenly there are a lot of logistics to manage. You'll need to review applications, run background checks, and coordinate showings of your space.

Read More

Topics: Property Management, Vacancy, Rental Income

Fill Vacancies Faster.

The Vancantfree presents weekly insights and ideas dedicated to the success of those DIY’ing investment property management. Brought to you by ShowDigs, a smarter way to show and rent properties. 

Subscribe Here!

Recent Posts