New Year – New You
Whether you’ve already made your personal new year’s resolutions or have decided to wing it, 2017 is a time to start off fresh. From improving your relationship with your tenants to keeping an organized inbox, take some inspiration from these 5 common New Year’s resolutions for landlords. It’s never too early to start the New Year off on the right foot.
Increase the Number of Applicants
While economic conditions fluctuate, it’s good to set standards for yourself when marketing a vacant property. Whether you start posting your vacant listings 2 times a day or try to spread the word through your connections, setting goals like these can help you understand what the most effective way to attract new applicants is. This can be really helpful if you’re trying to measure which marketing channels (like Craigslist vs. Apartments.com) attract higher-quality applicants.
Keep On Top of Property Maintenance
Knowing the signs of pest infestation or serious mold can save a property from sizable and costly damages, when your tenants might not notice it. Set up a system for handling property maintenance and make sure your tenants know how to reach you in case of an emergency. You don’t want to incur worse damages simply because they can’t get a hold of you.
Improve Tenant Satisfaction
Ensuring that your tenants are happy is one of your top priorities. Happy tenants can easily become life-long renters, so it’s important that you brainstorm a few ways to increase their satisfaction. For example, you can try to get closer to new tenants with a move-in checklist or utility checklist.
Additional Education or Training
Now that you’re pumped and ready for the New Year, it’s good time to learn new skills. Avoid a $1,000 fine when screening applicants by reviewing good credit reporting practices. Brush up on how to read your ApplyConnect report with our 3 part series. There are plenty of resources (like this blog) and from ApplyConnect that can help you up your property owner game.
Stay Organized & Focused
With most people, one of the top goals this 2017 is to stay organized, motivated, and focused. This applies to both personal and work life. You can jumpstart this habit by tackling organizing your email inbox and using these tips to avoid tax season stress. Take advantage of ApplyConnect’s handy SMS/Mobile notifications and unique property links to save you time.
As the saying goes, ‘new year, new you.’ Before 2017 hits, create your New Year resolutions and stick to them. With one of these 5 common resolutions, or one of your own, you’ll be able to make a difference at work, and at home.
What are your goals for your property this year? Let us know in the comment section below and don’t forget to subscribe.