Expanding your property portfolio is the ultimate sign of positive growth for your investment, but many investors struggle to hit that point. It’s difficult to give a solid answer on when you should expand your portfolio. However, we can definitely lead you in the right direction with some questions to ask yourself. What are your […]
Category: Landlord
Pricing Your Rental Correctly
Pricing your rental correctly can be challenging. It can be tempting to charge a high premium for your unit compared to other similar units in the area, however, setting the rent price too high could lead to long-term property vacancy. Additionally, setting the rent too low will hurt your bottom line. Here’s our guide on how to […]
Keeping work-life balance as a landlord
Many people struggle with achieving a good work-life balance, but it can be a lot more difficult if you’re a landlord staring out. Avoiding the important task of dealing with a lack of work-life balance can lead to burnout. The key to finding peace between both worlds lies in setting up the proper boundaries and […]
Best Ways to Communicate with Tenants
In any relationship, good communication is very important. Especially when we’re speaking about the landlord-tenant relationship. As a landlord, it’s important that you trust tenants to communicate when something is wrong and as a tenant, you would expect landlords to respond promptly when an issue has been flagged. So, how can you best improve your […]
With there being increasing concerns about the environment and ways to become more sustainable as a society, there are many ways that you can do your part as a landlord to make your property more energy-efficient. Install A Humidifier A humidifier keeps your building’s humidity levels constant and is good in the winter months. In […]
Why It’s Time to Ditch Your Spreadsheets
Keeping track of your rental portfolio using spreadsheets can easily become overwhelming and complicated. Luckily, there is now software available such as ours, that can help you manage your portfolio efficiently. Here are some reasons why you should ditch your spreadsheets today: Spreadsheets aren’t purpose-built One of the great things about spreadsheets is that they […]
Redecorating: A Guide for Landlords
Many landlords opt to undertake their own repairs and decorating. It’s completely understandable to keep labour costs down and complete small works yourself. This is especially the case when redecorating. A fresh lick of paint in a property can help to give it a modern, cleaner feel. A well-maintained property always helps to attract interest when it […]
Having a good reputation as a landlord makes life a lot easier. So it’s very important to ensure your personal brand and way you conduct business are always in goodstanding. Testimonials and references aren’t as common for landlords as they are for tenants, but this doesn’t mean that word of mouth can’t work in your […]
Dealing with mold in your property can often be the cause of confusion and concern. It is the landlord’s responsibility to provide a home in safe and habitable rental for tenants, however, it is also the tenant’s responsibility to maintain a good level of hygiene to keep up the living conditions. Mold in your property can […]
Why Should You Be Collecting Rent Online
When managing your property, it’s important to ensure that you’re employing effective and efficient management techniques to make life easier. Collecting rent online is certainly one of them! Accepting rental payments in cash can come with a host of issues and can even compromise personal safety. There are significant benefits to managing your rental online, […]