Take Care of your Property
Your property is an investment, and one that won’t continue to appreciate if you don’t take proper care of it. You need to make sure you charge enough rent to keep up the condition of your property – inside and out. Keep an eye on your property and ask yourself if you would want to live there, and if you would pay the amount of rent you are charging. ROC Spaces would be a great investment to have your property in good condition.
In the property management world a thriving tenant-landlord relationship can mean the difference between success and stress when it comes to managing your rental properties.
That’s not to say success and stress are mutually exclusive in this industry, but a positive relationship with your tenants means higher tenant retention, less vacancies, more rental income and greater success.
Landlords and real estate investors sometimes consider furnishing a rental property depending on the type of tenant they are hoping to attract and their market. Furnished apartments are typically ideal for short-term rental properties, corporate housing.