by Theresa Bradley-Banta
Converting your property management company to a paperless operation is both simple and necessary. Adopting an enhanced digital platform: boosts your bottom line reduces clutter maximizes your exposure lends a hand to the environment as well. Whether you’re a full...
by Theresa Bradley-Banta
Replacing a tenant is a costly exercise. The moment a tenant returns the keys, costs will accumulate daily. Here are the seven most common costs a multifamily property owner can expect when replacing a tenant, and some tips on how to reduce them. 1. Vacancy Loss...
by Theresa Bradley-Banta
The Operating Expense Ratio of apartment complexes can range anywhere from 25 to 50 percent (or higher) and is greatly affected by the building’s age. Before investing in an apartment complex, it is imperative to figure out whether you are actually getting a...
by Theresa Bradley-Banta
Purchasing a rental property can be a costly exercise thanks to down payments, loan fees, closing fees and other expenses. Even after the purchase, additional money will probably be required for maintenance, taxes, insurance and other unforeseen issues. To make all of...
by Theresa Bradley-Banta
Losing a tenant, especially a good one, is always an unpleasant experience, but you can still use the situation to your advantage. Tenants who leave have very specific reasons for doing so, and discovering these reasons can be very enlightening. By making use of...