Is an Online or Paper Rental Application Better?

December 10th, 2021

If you're a real estate agent representing a rental property and you're getting tons of calls from interested applicants. The obvious first step is sending prospective tenants a basic rental application form to fill out. The underlying question is—do you send them a paper application or an online rental application?

Traditionally, you send a PDF of the California Association of REALTORS® (CAR) Application to Rent/Screening Fee form.

Evaluating Gig Work on Rental Applications

December 2nd, 2021

Gig work exploded in the past five years. According to research conducted by MBO Partners, by 2023, 52% of the workforce will work in the gig economy in some capacity. 

The gig economy expanded globally with the growth of tech companies making freelance work accessible through their platforms.

What is a Rent Increase Notice?

November 9th, 2021

As a landlord or property manager, sometimes you need to increase the amount of rent that you charge your tenants. According to a report from Apartment List, in 2021, overall U.S. median rent increased by 11.4%.

Naturally, tenants won't be happy about facing a rent increase, but handling these changes professionally and courteously can alleviate an uncomfortable experience when notifying your renter.

Selling and Buying Investment Property with Tenants Onsite

November 8th, 2021

Selling and buying investment properties is no small feat, especially if you have tenants onsite.

The current real estate market is booming and recent sellers typically sold their homes for 99% of the listing price, according to the National Association of REALTORS®. In some cases, you have a rental property that you want to sell quickly while also looking for a new investment property.

How to Set Up the Ability to Pay Rent Online

October 13th, 2021

The ability to pay rent online offers a host of advantages for both renters and landlords. From encouraging on-time rent payments to providing easy access to financial information, online rent collection is the new industry standard for property management.

What is Renters Insurance?

October 12th, 2021

In the U.S., less than half of all renters carry renters insurance. Yet surprisingly, landlords don't always recognize or communicate the significance of renters insurance to their tenants. This leads both renters and landlords to ask the question—What is renters insurance?

An agent explaining the benefits of renters insurance is a crucial way to add value to the service you provide to your clients.

Projecting Rental Vacancy Rates

September 23rd, 2021

Whether you are a property owner or a property manager, you know that an empty unit undermines your reputation and profitability. It’s important to know whether that empty unit is the result of a momentary delay in finding your next renter or part of a larger movement in the market.

Your 2022 Projected Rental Market Analysis

September 16th, 2021

The COVID-19 pandemic has changed the world in many different ways. Much has been made of the “New Normal” that will result in permanent changes to health, lifestyles, and the economy. As markets and personal preferences change, the housing market inevitably changes along with them.

California Rent Increase Laws for 2022

September 9th, 2021

As property values continue to rise to unprecedented levels, it is tempting to tap into the value of your rental property by raising rents. However, the California rent increase laws set out specific guidelines for how often you can raise the rent and by how much.

12 Online Rent Payment Tools

August 31st, 2021

While you may think of online rent payment as a value-added service to offer your tenants, in reality, it offers you a host of advantages as well. By providing you with more options for notifications, more security and fraud protection, and round-the-clock availability and access, you may wonder how you ever managed with manual rent collection, bank deposit, and bookkeeping methods.

11 Reasons to Adopt Electronic Rent Payment

August 24th, 2021

As a landlord, it can be difficult to keep track of all of the moving parts associated with managing and maintaining your rental property while improving your relationship with the tenants who rent from you. You may think that adding a new service offering will be time-consuming and add to your already endless to-do list.