Blog

When and How to Raise Rental Prices

A rent hike proposal may not always go well with your tenants. If you don’t do it right, you may lose a good tenant when it comes time to renew their lease. And as you probably know, tenant turnovers can be costly and impact your bottom line. Be that as it may, raising rent is something that you’ll inevitably do at some point during a tenancy. Factors such as market conditions, rising expenses, inflation, and the need for property improvements can all force you to hike the rent amount. You must know when and how to do it to ensure you don’t los…

What Landlords Should Know About Move out Letters

Vacation Rental Welcome Book

Owning a vacation rental property brings many rewards but also a few unique challenges. One of the main goals of any vacation rental host is to ensure that guests feel welcome, informed, and equipped to enjoy their stay to the fullest. This is where a well-crafted welcome book comes in. A welcome book for a vacation rental is much more than a list of rules or instructions; it’s a key tool to enhance the guest experience, ensure smooth property use, and protect your investment. When done right, it can reduce the number of guest questions, preve…

How to Choose Your Perfect Vacation Rental

Choosing the right vacation rental is one of the most important decisions you can make for the success of your rental property. To make the most of this opportunity, it’s crucial to choose a property that meets the needs of both you as a landlord and your future guests. With the right choice, your vacation rental can become a consistent source of income, attract high-quality tenants, and maintain a strong reputation in the rental market. By the end of this article, you will have a clearer understanding of what to look for in a property and how…

How To Calculate The ROI On A Property Investment

Investing in rental properties can be a great way to build wealth, but understanding how profitable a property will be is essential for success. One of the best ways to assess profitability is by calculating the Return on Investment (ROI). Knowing how to calculate ROI helps landlords measure how well their property is performing and determine whether it's worth the time and money they’ve put in. In this article, we will guide you through how to calculate the ROI on different types of rental properties. Whether you're dealing with long-term lea…