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12 February 2025 | 7 replies
Do that before you spend any energy trying to kick him out.If he hasn't paid rent, you can call the police and have him escorted from the property.
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13 January 2025 | 27 replies
I understood that rent prices are decreasing.
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15 January 2025 | 10 replies
When the rent rates stabilize, I suspect they'll bring it back.I wouldn't try it in a location like Portland, but 99% of the country would be fine with a policy like this as long as it is disclosed and applied equally.
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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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31 January 2025 | 0 replies
Both units rented at $1500/mo with all utilities included.
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13 January 2025 | 17 replies
What location?
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18 February 2025 | 12 replies
If your goal is to maximize cash flow, look for properties where you can live in one unit and rent the others at market rates.
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28 January 2025 | 14 replies
This would be a 3 bed/2 bath in a good appreciating location.
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2 February 2025 | 2 replies
The typical rent collection sites are not what I'm looking for.