How to Get Renters to Pay Rent When tenants are consistently late paying rent or seemingly can't pay it, you're being on the spot. Politely encouraging tenants to pay is an important soft skill in 2024. Landlords are asking more about this problem and how to deal with it proactively and with a professional and…
Rent Collection Strategy for Landlords Landlords and property managers of all types are having some difficulty with late paying tenants as well as rent defaults in this last 12 months. It's great that Covid vaccinations are progressing, however the issue with tenant back rent owed, and future missed payments isn't over. The moratorium delays just…
Will You Renegotiate Rent to Keep Tenants Leased? More tenants will be asking landlords for rent reductions in the next 3 months. There is an interesting dynamic that's leading to these increasing rent reduction requests, sometimes legit and sometimes not. Do you know how you'll respond to tenant's rent discount requests? Landlords Can Grant Discounts…
New York Rental Vacancies Climbing Faster Summer rental vacancy rates typically climb, yet in this scorching hot summer of 2020, vacancies in New York City are rising at a rate that is concerning to small and mid-sized landlords. In New York and Manhattan the rising vacancy rate, rent default rate, and tenant employment situation may…
June for National Small Business Landlords Month? The US National landlords day won't arrive till next November. But given how vital small business landlords are to communities and the new stay at home economy, should we designate June as national small landlord's month? In today's economy it seems big business is the squeaky wheel that…
Landlords Getting Connected and Fighting for Rights We hope you're managing well during the pandemic and able to keep cash flowing and avoid the perils that many landlords will face this year. Sometimes handling challenges by yourself is ineffective. But if you join with other landlords, you can better learn your landlord rights and be…
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