With rising rent rates in the apartment market, property managers are looking for the best way to maximize revenues. A revenue management system potentially could be the answer.
Unit inspections are often viewed by residents as an intrusion into the privacy of their home. Could this annual, semi annual or quarterly event be viewed as an apartment service appointment?
I often say that someday landlords will have to accept giraffes in their no pet buildings. While it may sound ludicrous, more and more tenants are showing up at properties, leasing units and showing up after the fact with a plethora of different animals, all of which are considered service animals or emotional support animals.
Your investment property is yours, not the tenants. To keep your tenants in line and show them that you are a diligent owner, you must make quarterly inspections.