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Real Estate

Prepare Your Building For Summer

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As the summer months approach and the weather gets warmer, you will want to make sure you prepare your building for summer. The winter months can often cause some wear and tear to your building, so routine maintenance before summer is common. Here are some of the best tips to help you prepare your building for summer. Check windows and doors Before it gets really hot, you want to make sure you check the windows and doors of your building for any holes or gaps in the seals. You want to keep the hot air out and keep the cooler air
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How to Handle a Tenant’s Bounced Check

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As a landlord rent collection can be hard, but it is the most important job you have. Post dated cheques are still one of the most common ways of paying rent and while you pray it won't happen, you will probably encounter at least one instance where a tenant's check has bounced. Here are ways to handle bounced checks and steps to take in order to prevent this from happening in the future.  Change Methods After you determine that the tenant’s cheque has bounced, you need to decide whether you will continue to accept cheques from this tenant. If you
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Forgo Renter’s Insurance At Your Own Risk

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Many renters don't bother with renter's insurance (aka tenant's insurance) even though their belongings are at the same risk of loss, theft or damage as someone who owns their own home. Renters may also be held liable in the event they cause inadvertent damage to other tenants' property, and they may face unexpected costs if their building is evacuated for some reason. Renter's insurance is designed to handle these types of risks. Accidents and disasters do happen, here are the reasons you should seriously consider getting renter's insurance. Is Your Property At Risk?  If you're a renter and you don't
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Top 10 One Bedroom Rent Prices in Canada and the USA

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Rent prices vary from city to city, but the one thing that stays the same is that rent is expensive. Canada and the US's housing prices continue to climb and more and more people are choosing to rent. Unsurprisingly, Vancouver is the most expensive city to rent in within Canada and San Francisco is the most expensive in America. Here are the top 1o one bedroom rent prices in Canada and the US. Canada America
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How to Handle Tenant Complaints

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As a property manager, you will undoubtedly receive tenant complaints. Being able to effectively handle tenant complaints and appease your tenants is an essential skill that every property manager should have. Successfully managing tenant concerns will help tenant retention and strengthen the relationships you have with your residents. Here are some of the most common complaints and how to handle them. Neighbours Tenants complaining about noisy neighbours is very common. When you're living in shared spaces with shared walls, you're likely to hear some noise every once and a while. If the problem seems to be an ongoing valid issue rather than
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How to Get Your Tenants to Renew Their Leases

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Keeping your tenants happy and having them renew their leases is a win for both parties. They won't be stressed looking for a new place, and you don’t have to spend extra time and money showing the unit. If you're worried that your tenants will go searching to see if the grass is greener somewhere else, here are our tips to help get your existing tenants to renew their leases. Establish a relationship  You shouldn’t be best friends with your tenants, but you should be friendly enough that they feel comfortable approaching you with concerns or requests. Maintaining positive relationships with
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Make Your Property Management Company Stand Out

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Ensuring that your property management company stands out against the competition is essential to your company's growth. Marketing yourself effectively will help increase your profit and visibility without increasing your stress. Determining your competitive advantage and emphasizing it is the key to growing as a business. We've come up with a list of ways you can leverage your property management company and attract new tenants. Have an edge You need to determine what you’re offering that sets you apart from your competition. Leveraging that edge over other PM companies will be crucial in marketing and advertising. Knowing what sets you apart and sticking
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5 ways to make your tenants love you

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Have you ever wondered what you can do for your tenants to get them to love you? Landlord-tenant relationships are stereotyped as being rocky, but this doesn't need to be the case. Doing a few simple things for your tenants can really strengthen the relationship and ensure that they'll continue to renew their leases.  To give you some inspiration we've come up with 5 things you can do to make your tenants love you. Connect with them. It’s 2017, and as we already determined your tenants are pretty techie. Tenants want to be able to reach you on various platforms should
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Developing Positive Relationships with your Tenants: Student Edition

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There are many things to consider when renting to students. The student housing market is unique, so your renting strategy should accurately fit your audience. We have created a list of ways you can develop positive relationships with your student tenants and ultimately help grow your portfolio. Communication: Communication is key when it comes to maintaining strong relationships with your tenants. It is very important to provide a number of ways your tenants can contact you, whether it’s via phone, email, or social media. Head here for the best ways you can connect with your tenants online. Making yourself available
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Helpful San Francisco-Based Tech Companies

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You may have heard that RentMoola has just opened an office in San Francisco! To celebrate this we have compiled a list of tech solutions for property managers. Property managers can have a lot going on in their lives, so these San Francisco-based start-ups offer great ways to help stay organized and simplify your daily life. Cleanify: Cleanify is a service that is available across the US that pairs you with top rated cleaning pros in your area. This quick, user-friendly service offers a variety of different cleaning packages that suit all your cleaning needs! Cleanify is a great site
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