Tenants

Blog tagged as Tenants

A Simple Guide to Tenant Onboarding 
Is the tenant screening process becoming too cumbersome for you? Here is the tenant onboarding guide you need to read.
05.04.22 11:03 PM - Comment(s)
6 Reasons Why Big Data Is Valuable For Property Management 
Implementing big data in your real estate property management business can drive stellar results. Here are 6 reasons why you might want to invest in big data.
14.11.21 04:48 AM - Comment(s)
The Complete Guide to Property Inspections 

Property Hunting is undoubtedly a difficult task when there are so many options to choose from. But no matter how much time passes by, they’ll always be expensive. And to make a decision where you’ll be spending a lot of your money, some expert advice is needed. 

 

Property inspections play ...

01.11.21 10:42 AM - Comment(s)
5 Ways to Leverage Data in Property Management

In the past few years, the real estate industry has seen accelerated growth in technology adoption. And with technology, the industry is also leveraging data as one of its largest commodities. Whether it is understanding market trends or increasing occupancy rates, data analysis is driving property ...

15.10.21 12:55 PM - Comment(s)
How To Combat Late Payments Through Property Management Software? 

Collecting rent is one of the most problematic parts of being a property manager. More than 20% of renters in America are nearly 4 months behind on their rent payments. That is $5600 worth of rent per delinquent tenant.  

 

Traditional payment methods do little to solve this p...

01.10.21 08:00 AM - Comment(s)
6 Ways To Increase Tenant Retention Using Technology 

Tired of all the tenants moving out? Well, you are not alone! Tenant turnover is the second biggest problem faced by property managers, preceded only by tenant evictions. In 2018 alone, the National Apartment Association reported a 46.8% tenant turnover rate in the U.S. While it ...

30.09.21 11:50 AM - Comment(s)
Canada's Hotel Industry Seems to Rebound in August 

With the pandemic waning, most of Canada’s provinces have reopened using a step-by-step approach. For the country’s hospitality industry, this means more people, tourism, and revenue.  

 

Last year, the hospitality industry was one of the hardest-hit sectors due to the pandemic. The hot...

13.09.21 01:07 AM - Comment(s)
How To Improve Tenant Satisfaction Through Property Management Software? 

 According to a global tenant survey, tenants rated building management the highest among technology services and physical amenities for better tenant satisfaction. Tenants look for better management above accessible amenities and convenient leasing experiences. If you are falling behind, you need t...

08.09.21 11:00 AM - Comment(s)
10 Benefits of Using Tenant Portals

Keeping your tenant happy is an unending task, but it's the most important step in your real estate business to succeed. While there are many ways to achieve tenant satisfaction, implementing a tenant portal is something you don’t want to miss out on.  


Automating and digitizing some o...

02.09.21 08:00 AM - Comment(s)
The True Cost Of Eviction And How To Avoid It 

The most important aspect of maintaining a successful property rental business is having top-quality tenants who abide by the rules and pay rent on time. 

 

Bad tenants lead to a loss of income in the future in terms of back rent. To protect your property and income from problematic ten...

26.08.21 11:30 AM - Comment(s)
Why Is Maintenance Important For Your Properties? 

Everybody likes a well-maintained property. For property managers, that leads to tenant satisfaction and tenant retention. A survey by Avail states the same - 12% of tenants planned to vacate rather than renewing their term if the property was not well-maintained. ...

25.08.21 10:30 AM - Comment(s)
Common Tenant Complaints and How to Resolve Them 

Managing properties is not an easy job. With constant complaints, maintenance problems, and difficult tenants to deal with, your job can become extremely tedious. When tenants reach out to you, however, you are legally obligated to resolve the complaint in an equitable manner for all parti...

20.08.21 08:00 AM - Comment(s)
Top 10 Tenant Screening Tips 

Tenant screening is one of the first and the most important steps while renting your property. If you’re managing a property business, tenant screening can be a tedious task, and if done wrong, it can lead to troubling consequences. Getting that ideal tenant is not always possible. Ev...

18.08.21 08:00 AM - Comment(s)
Busting Common Tenant Screening Myths 

Renting out properties can be a tough job. From having to interview tenants, provide maintenance, manage accounts, and solve tenant problems, the list goes on. Whether it is noise complaints, damaging items, or constantly being notified about minor problems, these tenants ca...

16.08.21 10:30 AM - Comment(s)
Top 9 Best Practices For CAM Reconciliation

Common Area Maintenance (CAM) reconciliation sounds simple. Just add up all common area expenses and divide them among all the tenants. But in reality, it is a complex and time-consuming process. You might miss certain expenses or end up overcharging your tenants. Regardless, any error in CAM reconc...

07.08.21 08:00 AM - Comment(s)

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