How to market your vacancies effectively with VerticalRent.
As a landlord, you want your property to always be in top condition. That’s why you put so much effort into choosing responsible tenants, and why you insist on a security deposit. But sometimes a property in good condition is not enough to turn the heads of prospective tenants. If you want outstanding tenants, you’ve got to show them your property is worth renting.
Modern landlords, like every rental property owner in the past, are constantly on the hunt for that excellent, long-term tenant who will pay the rent without causing any damage or fuss. The return on your investment in your property is never higher than when you can retain the same tenant year after year. So how do you find that ideal tenant and convince him or her to stick around?
Have you ever wondered how easy it would be to make some money from a rental property or by buying an old home to flip and sell at a profit? Well, it could be a lot easier than you might think! These days, thanks to the popularity of short-term rental sites like Airbnb, they aren’t the only two days you can make money from property either.
VerticalRent proudly celebrates the company’s 8th anniversary since its founding in 2011. Matt Angerer and Jeff Pierce started VerticalRent in the “Innovate New Albany” offices of New Albany, Ohio (also known as INC 8000) in May of 2011. The minimum viable product (MVP) in 2011 was designed to help small independent landlords collect rent by eCheck and was called RentCloud.
Being a homeowner is a big, but wonderful responsibility. But many people begin to wonder if earning money from their home is better than paying into it - and begin to consider converting their home into a rental. If you're one of these people, with aspirations of turning your starter home into a rental property, it may be difficult to know where to start.
It's Thanksgiving, and it can pay landlords to give thanks to tenants. They pay their rent on time, they look after their home, and some of them have been tenants for a long time. As we get into the Holiday Season, there are so many ways we show our appreciation to so many people. We send cards to friends and family, we arrange a Thanksgiving dinner, we go to social events with colleagues and business associates, because they are fun and to show everyone that we do care about them.
Life throws curveballs, both good and bad, and sometimes we need to move on relatively short notice when we're just not willing to sell our home. Have you been transferred to a different city? Are you temporarily moving to help a relative? Maybe you've decided to spend more time at your vacation home. Whatever the reason, there's no point letting your house sit vacant when you can turn it into a source of income.
The Miami real estate market is currently one of the most popular and profitable markets in the United States. Investors moving their business into Miami-Dade County are set up to be part of a booming property market, particularly in the coming decades. Throughout the last century, Miami has been a prime vacation spot as well as a strong residential and commercial sector. The city has continued to grow exponentially in the past decade, strengthening its economy and making a prime name for itself
Tenant satisfaction matters. Happy tenants are more likely to renew their lease, recommend your property to their friends and not write poor reviews all over your website. In fact, satisfied tenants are three times more likely to renew their lease if they are satisfied with property management than if they are disappointed or apathetic.
During your rental search, know what your expectations are. Clearly lay out what you are looking for and move on if your requirements aren’t offered. Options are catered toward the tenant, so make sure you are comfortable with your decision and ask questions. While filling out applications, don’t be afraid to mention any of your shortcomings. Landlords can work with you to address any challenges. By reading the lease completely and submitting completely accurate applications, you have a greater
If you reach into your pocket or purse, what’s the first thing you touch? It’s likely your smartphone, sitting there like a safety blanket, ready at a moment’s notice. Bored at a social event with co-workers? No problem, pull out your smartphone and check your messages – whether it be Facebook, Text Messages, or Emails. It’s instant gratification for the on-demand world in which we live. Plus, this little ‘safety blanket’ buffers many socially awkward Americans from difficult face-to-face conver
When it comes to owning rental property, maintenance is a major part of your success. Each property must be maintained to strict standards to offer your tenants the best space for their living needs. This includes electrical, HVAC, landscaping, etc. There are many maintenance aspects you will need to cover when owning rental property. So how do you keep track of it all?
Did you know that over 95% of text messages are read within a few seconds? Further statistics have also revealed that SMS text marketing boasts 10x the open rate of e-mail marketing. Text messaging is quick, actionable, and very useful for today’s digitally-defined real estate professional.
Rental vacancy advertising has changed a lot over the years. Back in the old days, people flipped through newspapers to find vacant properties. That evolved, and landlords started putting ads up in local libraries and grocery stores. Now, with the help of the internet, people have more options than ever before. Modern listing management software like VerticalRent® empowers landlords, brokers, and property managers with a unified lead experience. What does that mean?
There is a supply and demand problem in North Carolina, especially when looking at the Research Triangle. The strong job market is bringing people to the area, and they’re ready to buy homes. The demand is so great that new construction can’t keep up with it. This has caused housing prices to go up, creating a sellers’ market. In fact, the median home price has gone up by 16.9 percent in Raleigh over the past year.
Renting can become a very lucrative and rewarding experience when you have the right tenants. You're perhaps fortunate most to all your renters are people who follow the rules and always pay their rent on time.
As someone who wants to get serious about a real estate career, it's time to learn about some newer options available out there. While you've maybe written off doing home flipping, buying apartments, or even participating in AirBnB, investing in student housing might become your best option.
Drone photography is an innovative marketing tool gaining popularity in real estate. Realtors need an edge in making the properties they represent stand out from all others.
Advertising your vacancies to potential applicants can feel like a full-time job unless you have the authoritative list of VerticalRent’s Top 50 Vacancy Advertising Websites.
While the American dream has traditionally been one of homeownership, more and more Americans are seeing that dream slip from their fingers.
A bed and breakfast can provide a cozy and warm alternative to hotels for visitors to Florida who are looking for a relaxing getaway.
Rental property advertising is a must. Whether you operate a single unit or dozens of units, there will likely come a time when you need to advertise a vacancy.
If you are a landlord, you know how lucrative and exciting it can be to collect rent. If you are experienced, then you already know that the greatest assets to a landlord are great tenants who always pay on time. The opposite is also true.
From time to time you will have vacancies in your investment rental property. When that occurs, you will naturally want to rent the property as quickly as possible so that you do not lose out on any rent money.