Tips for Writing a Custom Rental Agreement A lease is often referred to only as a legal contract, rather than as a promise of fulfillment to prospective tenants. How you write the lease, what it says, how it says it, communicates a great to the tenant about their responsibilities, and about the clarity and confidence…
Offering Concessions to Protect Asking Prices Are you finding it a little more difficult to sign good tenants at your asking price? It might be a trend. Instead of responding by dropping your rent prices and creating havoc with your business, it's wiser to have a collection of incentives or concessions to offer them during…
2, 5 or 10 Year Tenant Leases!? Are you wondering about the rental landscape for the next 1 to 2 years? If we experience a downturn in the economy, it could increase renter churn, turnover costs, and perhaps the loss of some of your best tenants. Should you stand by and let it happen? No! …
Easy Lease Renewals Rental property industry surveys have shown that attracting and retaining high quality renters is one of the top challenges among landlords and property managers. Tenant churn is likely to increase due to the eroding economic outlook, rising interest rates, rising unemployment, high cost of rent and cost of living challenges. And there…
Apartment Lease Transfers With rent prices on the rise, renter employment changes (e.g. remote work situation), income changes, and apartment rental supply dwindling in 2023, we may see more lease terminations. When a tenant is in a bind and must terminate their lease, they'll begin to think creatively, such as finding out how they can…
Tenant Evictions As Covid era renter protections end and many renters face paying huge amounts of due rent while not paying current rent, we can expect a surge in evictions. Tenants are often fearful to hear the word of “lease termination” or “eviction’. Yet a landlord can indeed terminate the lease agreement if the tenant…
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