A rental increase is an inevitable part of leasing. However, the only downside is that you can lose great tenants. As renting is mostly due to affordability, rental increases can most definitely ice people out, forcing them to look elsewhere. We understand that you’re running a business, but you can increase rent without losing tenants […]
How to Prepare for a Rental Application
What should be included in my rental application? Depending on the landlord, a rental application can differ slightly. But for the most part, you can expect the following things to be included: A proof of income It’s important that you can assure your landlord that you’ll be able to make rent payments on time every […]
When it comes to managing rental properties, everyone’s situation is different. One of the first decisions you’ll face is whether to hire a property manager to help with your rental business. It’s important to consider the reasons why hiring one may be a good or bad choice. Here are some considerations to help you determine […]
How to Find Good Tenants (and keep them!)
We all have our favorites, right? The tenants are great to deal with, they pay their rent on time, they’re polite and courteous, and they’re overall just great members of the community. It can be sad when they have to suddenly leave. But, what can you do as a landlord to attract these kinds of […]
6 Organization Tips for Wise Landlords
Whether you have one rental property or hundreds, it’s very easy to lose important records and spiral into frenzied state. As a landlord, being disorganized can be very costly in the long-term. Although the challenge may seem daunting, becoming more organized is not as terrible as it sounds! Here are some of our recommended organization […]
Property management takes a considerable amount of time and effort, often on repetitive tasks. Being able to automate this process can save a lot of time and money. This is why we want to share the benefits of property management software. We want all landlords to benefit from managing their rental portfolios in a smart […]
When needing to secure new tenants, it’s important to choose the right ones. This means being lucky to select tenants that will take care of your property, pay rent on time, and generally minimize risk. Having a tenant screening checklist for landlords makes this whole process a lot easier. To create an efficient tenant screening […]
Despite security deposits, normal wear and tear and more serious tenant damage is inevitable with any rental property. But, you should still implement simple strategies to prolong the life of your rental and minimize its repair expenses. If you’re a landlord struggling to maintain your rental property, follow these tips to help you avoid costly […]
Not too long ago, property management software was clunky software specially designed for larger PM firms and too complicated for smaller firms. And, often, internal on-site business servers would host these clunky systems. However, nowadays, many businesses both large and small are turning to the cloud as their main source of IT infrastructure and property […]
Renting can seem like quite a daunting task, especially if you’re doing it for the first time. Finding the right place, roommates, furnishings, bills… It can all be a very overwhelming experience, but don’t worry. Here at PropHub, we’ll equip you with the right tools and advice to ensure that your first rental experience (and […]