[I hope you don't make a habit of waiting until the top of RE cycles to consider more buying]...

Whether it was lobstering in the keys, spearfishing in the Gulf, or just going out for a ten minute sunset cruise on the "Bad Habit" with family and friends, Henry was happiest on the water.

Can anyone here suggest good sources for data on neighborhood vitality in Ohio?

There are a lot of repetitive tasks in this business, and many are vital not to miss, so having a system that continually reminds you of the next steps to take automatically is a life-saver with not having to keep track manually.Also, if you are not proficient at Excel, make that a priority!  

Hit vital targets and you are going down.

I've become very unhealthy and depressed over the years, and developed many bad habits which drain my energy.

These KPIs function as vital measurements, tracking our progress and highlighting areas where we may improve.Keep an eye on the following KPIs:Leads and Leases: Tracking the number of leads generated and the conversion rate into signed leases allows you to evaluate the effectiveness of your marketing and leasing tactics, assuring a continual supply of new residents.Renewal Rates and Lease Trade Out: Monitoring the percentage of lease renewals and lease trade-outs (residents upgrading or downgrading units) provides insight into resident satisfaction as well as the opportunity to maximize rental income through optimal lease terms.Occupancy - Physical & Economic: Tracking both physical (actually occupied units) and economic occupancy (rental income collected) helps monitor general demand, pricing strategy, and the property's financial health.Current and Past Due Delinquency: Tracking the percentage of current and past due rent payments is critical for cash flow management and spotting potential collection issues or the need for lease enforcement.Work Orders and Reviews: Tracking the volume and timeliness of work orders, as well as resident reviews and satisfaction ratings, assists in determining the quality of property management and maintenance services offered.Actual vs.

Tenant screening is a vital and intricate part of this process, and in this informative blog post, I'll share valuable insights into how I, as a seasoned and dedicated property manager, assist landlords in conducting thorough and effective tenant screening.Thorough Application Process:The initial step in the tenant screening process involves the creation of a comprehensive rental application.

I use this simpler model to supplement the educational conversations we have about good financial habits. 

It's vital for them to talk to you now.You can screen for motivation when you get them on the phone.