As seasons come and go, so do renters. Here’s how to advertise a property for rent and find prospective tenants during the off-season.
As a building manager, it’s tough to know how to find good tenants. No time is this truer than the off-season. Whether you’re in a college neighborhood when students leave for the summer, or you’re trying to fill vacancies when the weather turns cold, finding your ideal prospective tenant is a challenge. You can end up with decisions you’ll later regret. Here’s how to find good tenants you’ll want renting long into the future, even when the leasing slump is over.
Understanding how to manage dry air ensures you, your guests and tenants remain healthy and happy.
As beautiful as winter months in the Midwest are, there are a few seasonal pitfalls. Of course, we all think of frightful frigid weather outdoors, but the warm and cozy indoors offer drawbacks as well – primarily dry air.
Spend a few hours winterizing your expensive outdoor equipment to make it last longer and perform better. Save money and avoid costly repairs with these maintenance tips.
Does your business have green space to maintain? Whether it’s a simple front lawn or a complex landscape design, there’s a good chance you are using some type of machinery to keep the grass and other vegetation looking trimmed and tidy. When winter approaches, don’t forget that those outdoor machines require extra attention before storing them for the season. A little preventative maintenance goes a long way in ensuring they are working properly when you need them again in spring!
Is the extra money and effort it takes to furnish an apartment worth the work?
Property owners often make tough decisions as to what perks they offer their renters. For many years, utilities-included rental options (heat, energy and water) were a competitive advantage. Nowadays, additional specialized markets have arisen to address more specific renter needs (like small-space studios), so property owners must adapt and offer new services to fit these changing market needs. One such marketplace is fully furnished apartments. Some renters don’t want the hassle of moving furniture into an apartment or worrying about choosing décor. Others have temporary situations, like work or school, which makes a fully furnished apartment very appealing. But is the the extra money and time it takes to furnish an apartment worth it for landlords?
Regardless of intent, proper pool safety is a must for hotel operators.
The pool is one of the biggest attractions that lures guests to a hotel. A pool might be part of your fitness area, allowing travelers to keep up with their workouts, or it might be a family space, allowing parents and kids a place to splash away, even if rainy days change vacation agendas. Regardless of intent, proper pool safety is a must for hotel operators—not just to protect your establishment from bad experiences and bad reviews, but also to protect you from liability issues. Taking steps to ensure safe pool operation ahead of time frees up resources for serving guests and ensuring their experiences are the kind they’d like to repeat.
ENERGY STAR® was created with the intention of preserving our environment, and it also saves YOU money long-term.
In today’s competitive economy, more and more hotels, restaurants, apartments and condos are switching over to appliances and other equipment with the ENERGY STAR® rating for a couple of BIG reasons: long-term savings and an increase in environmental sustainability. But what is ENERGY STAR® and why does it matter if a product has the ENERGY STAR® stamp?
Do you know which components of your restaurant kitchen’s hot water infrastructure are regulated under the FDA’s Food Code?
The Food Code sets the guidelines for each individual state’s food codes, and specifies restaurant hot water requirements for warewashers and sinks. Understand these critical components of food sanitation and make sure your water heater is meeting hot water requirements. Hot water plays an important role in keeping your doors open to the public, so let’s make sure you are up to code!
The decision to sell your restaurant isn’t likely to happen on a whim. It takes careful planning, as well as time to get your affairs in order.
Every restaurant owner thinks about selling at one time or another. But even if your restaurant is a red hot success and buyers are lined up at the door, figuring out how to sell a restaurant isn’t as simple as selling a home or a car. It often takes several months to make a sale, and it can pay to start preparing a full year in advance. Understanding how to sell a restaurant is about more than just having your paperwork in order and upgrading a few appliances. It takes marketing savvy, knowledge of your business and sometimes even professional help to get your restaurant in shape to sell and fetch a price that will make you happy.
You simply can’t afford to keep ignoring your hotel water usage – not just for your profit margin, but also for the environment.
You’ve got a lot more than just rooms to manage. There’s the kitchens, multiple public and in-suite bathroom facilities, pools and hot tubs, laundry, cooling, heating and landscaping. All of these places use incredible amounts of water, and if you don’t understand how quickly those water usage costs can add up, then your hotel could be missing out on some serious money. Learn how to reduce water usage and potentially improve your bottom line in the process.
Until the time is right to put some big money back into your rental property, you can improve the look and feel of the building by making small, inexpensive enhancements.
Rental property improvements are never a bad idea. An updated look often lures in new tenants, while current tenants appreciate seeing maintenance staff around fixing pieces in public areas. The challenge of property improvements is mostly cost. The time spent fixing something up plus the cost of the materials can really cut into a budget if not properly considered. On the other hand, it’s possible to recoup some serious revenue if those improvements lead to great tenants who stick around for the long-term. Let’s take a look at more than 10 great ways to spruce up a rental property for prospective tenants.