Being a commercial landlord goes way beyond owning an investment property and renting it out to tenants. There are things that can make you an excellent landlord and aid in your success.
Here are six things great landlords excel at:
1. A... (Read More)
Short-term rentals tend to require more regular upkeep from the landlord. You have people coming and going in shorter durations, demanding that you handle ongoing cleaning needs. You'll also need to handle bookings, different guest expectations and... (Read More)
Are you looking for ways to reduce energy consumption at your short-term rental? Not only is this cost-efficient, it's good for the environment. Simply put, it's a smart decision. And there are several ways you can do it.
Start by updating the... (Read More)
Real estate investment can be a lucrative business. However, it can also be a competitive one. There are multiple properties bidding for the attention of guests looking for short-term rentals. So, how competitive are you? Are you keeping up with the... (Read More)
Positive reviews are a gold mine for landlords of short-term rentals. The market is saturated with short-term rentals, so landlords need to take extra measures to ensure that they stay competitive.
They need to make their property attractive to... (Read More)
Do you shower in the morning or at night? Do you enjoy midnight movies or early-morning breakfasts? Do you prefer 70-degree nights or something cooler?
Those are great questions to ask your traveling companions before spending your first night in... (Read More)
Buying a vacation home can have a lot of perks. It serves you in multiple ways. Not only can you have a beautiful destination to go to whenever you want, but you can use it as a way to bring in extra cash.
If there's a destination you like going... (Read More)
While you may be a landlord because you're motivated by the income opportunity, you can't approach the tenant relationship as such. The relational aspect of renting a property can't be overstated. You need to treat it as more than a business... (Read More)
Effective communication is key to establishing a healthy tenant-landlord relationship. Misunderstandings often happen in our personal and professional lives. When things aren't clearly spelled out, they're left up to interpretation, which can result... (Read More)
As a landlord, you know that staying on top of all the responsibilities associated with managing rental properties can be a difficult task. Even if you have a small team to help you out, managing your property or properties can be a huge headache... (Read More)