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Month: January 2019

female millennial renters

What Landlords Need to Know About Millennial Renting Habits

As the generation that makes up a majority of the rental market, millennials have different renting habits than the generations before them. Most millennials graduated college and entered the housing market during the Great Recession, carrying student loans and less disposable income.  With less disposable income, the ability to place a down payment on a …

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Not Again! Tenant Turnover Reduction

Having a high tenant turnover can cost property owners thousands of dollars but by being more efficient, understanding where your expenses are coming from and understanding the trends that impact tenant turnover, you’ll be able to minimize tenant turnover and increase retention rate. The Costs Associated with Tenant Turnover When a tenant moves out of …

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month to month lease vs. fixed-term lease

Month to Month Leases vs. Fixed-Term Leases – How Do They Work? What Are the Benefits?

Whether you’ve owned your rental property for years or it’s your first rodeo, deciding to offer your tenants a fixed-term lease or a month-to-month lease can seem like a big decision but understanding how they work and the benefits of each will help you make a more informed decision. Fixed-Term Lease The most common rental …

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