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.
As every property manager knows, the most straightforward way to stay vacancy-free is to renew the lease with your current tenant. Unfortunately, it's not always that simple. When your tenants move out, it's good to get feedback to understand why in case there is a problem you're able to mitigate as the property manager.
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.
Whether you own 1 or 15 rental properties, showing your vacancies can be a time consuming and stressful job. There are typically going to be several showings before you and your tenant make a final decision to sign a lease together. For each one of those showings, you’ll need to coordinate timing, drive over to the property, give a tour, answer questions, drive home, follow up, and wait to hear back on next steps. For 80% of property managers, scheduling showings often means taking time off of work or taking time away from family on evenings and weekends.