5 Free Technology Apps to Improve your Business

By: Becky Bower

5 apps for rental propertiesWhether you’re a landlord or real estate agent, juggling multiple rental properties or different clients can be difficult when you’re constantly on the go. Using your smartphone can help you manage these tasks. Regardless if you’re on the go or in your home office, these 5 free and inexpensive apps can help you stay on task, keep track of your business expenses, and de-stress. Now you’ll have an excuse to whip out your cell phone. Continue reading

Organize Your Home Office in 4 Easy Steps

By: Becky Bower

easily organize your home officeA messy office can lead to unnecessary stress and can easily zap you of your productivity. According to a 2013 survey, 55% of surveyed Americans stated that at-home disorganization was a source of their stress. Take a day to really declutter and organize your home office, not just for your own health but for the benefit of your business. Here’s how to start:

  1. Write Out Your Organizational To-Do List

Starting to sort your home office is difficult to say the least. You have a million other things on your mind – whether it’s posting your rental listing or doing maintenance – actually taking the time to commit to cleaning can be hard. That’s what to-do lists are for. Before you start writing what organizational tasks you want to do, write down everything you have had on your mind before that. That’s right, even if you feel like you won’t forget it, write down the maintenance you need to do, the websites you need to post your listing on, and even the at-home tasks you need to do. Continue reading

Top Tenant Complaints and How To Avoid Them

how to avoid tenant complaintsAs service providers to renters, landlords will benefit from understanding the top complaints voiced by their customer base in order to provide better service and secure long term tenants.

The impact of a tenant’s dissatisfaction with a rental experience can result in increased turnover, high vacancy and a poor reputation in your community. The best defense against tenant complaints is to handle them appropriately or prevent them altogether.

In general, tenant complaints can be segmented into two categories:

  1. Complaints about Management
  2. Complaints to Management

Tenant complaints about management reflect of your renter’s impression of you, your management style and your business.  Complaints about management tend to revolve around how tenant communication and customer service is handled, maintenance requests, the application process, rental rates, and security deposits. Continue reading

Time to Target a New Audience: Your Tenant’s Furry Friends

By: Becky Bower

pet friendly tenantsWith an upward trend of available tenants choosing their pet’s needs over their own, you might want to consider making your rental a little more pet friendly. The data supported by the Foundation for Interdisciplinary Research and Education Promoting Animal Welfare shows that only one-half of housing is pet-friendly, which makes this a great opportunity to get ahead of the competition. According to the American Veterinary Medical Foundation, in 2012 there were 43 million households that owned dogs and 36 million households that owned cats, with indicators that the pet-loving trend is going up. The Los Angeles Times reported that a survey in August 2014 showed that more than 70% of tenants stated they owned pets. Even the City of Los Angeles stated on February 2, 2016 that they’ll start creating legislation aimed at making it easier for tenants to have housing that accepts their pets. As the demand for pet-friendly housing grows, take advantage of the situation by accommodating your tenant’s pet’s needs. In no time you’ll bring in more applications for your listings and beat your competition instantaneously, all thanks to your tenant’s furry friends. Continue reading

Should You Rent to Section 8 Housing?

By: Becky Bower

Section 8 rental propertyDeciding whether or not to open up your rental to Section 8 tenants is a big decision. While you’ll easily encounter landlords and real estate agents that swear by Section 8 and others who vow it off, it’s important to do a little research and figure out if it’s the right fit for you.

According to the Housing Authority of the County of Los Angeles (HACLA), “the role of the Section 8 Program is to provide decent, safe, and sanitary housing to a tenant at a reasonable rent”. This means that low-income households are able to get clean and safe housing, typically through the voucher choice program. Based on the tenant’s income, the tenant will dedicate a percentage of their monthly income to the rent and Section 8 will pay the remaining portion (the voucher). In some cases Section 8 will pay the entire rental amount. Continue reading

Does Your Rental Application Meet These 5 Key Areas?

By: Becky Bower

rental application questions to askYour rental application safeguards your rental property. Alongside background screening, it’s one of the few things that helps you decide if an applicant should live amongst your rental’s community. While it certainly can’t tell you a particular resident-to-be’s future, as long as you cover 5 key areas in your rental application, you can at least get a hint as to what type of renter they might become. Continue reading

New ApplyConnect® Enhancements Tailor Made for Landlord & Real Estate Agents

By: Becky Bower

tenant screening background reportsFrom expansions in personal virtual reality systems to the first close up look at Pluto, 2015 was a big year for technological advancements… and we certainly weren’t left in the space dust. With four noteworthy enhancements, all in our signature design, ApplyConnect’s® tenant screening solution is more powerful than ever. Bringing you the intuitive service you need, in a convenient online platform, check out the new improvements we’ve made to the powerful tools you use every day. Continue reading

Be FHA Cautious when Working with 65+ Applicants

Elderly ApplicantsWith the Mortgage Bankers Association’s (MBA) recent housing study shedding new light on the future face of the Multifamily Industry, you should start re-strategizing who you market your rental to. According to the study, the MBA predicts that by 2024 between 13.9 million and 15.9 million additional households will be formed, with 12.3 to 12.9 million households age 60 and older. Alongside the projected surge of Hispanic and Millennial owners and tenants, the MBA expects that if the current post-recession trends hold, you’ll see a lot more Baby Boomer applicants over the next 10 years. This aligns with the Administration of Aging’s predictions as well, insisting that by 2040, the population of seniors ages 65+ is expected to grow 21.7% of the total population (whereas in comparison 14.1% of the population were 65+ in 2013). Despite the apparent growth in senior tenants, the process of looking for a home can be difficult for the elderly. Whether it’s intentional or unintentional, using age as grounds for making a rental decision is unfortunately notoriously common.

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