No landlord fancies having to fill a vacancy in their rental units. Landlords everywhere know the stress that follows filling a vacancy. This sees some consider using a rental concession. Now, when the rental market is strong, rental concessions are not often used. So when are they used?
Property Management FAQ
Attracting Tenants through Rental Concessions
A rental concession is when a landlord compromise on the original rent to get a tenant to move in quickly. They are a kind of a rebate offered to a tenant to get them into a rental property quickly. It could be in the form of monetary compensation, a service, physical good or a discount.
How to Take Care of Maintenance at Your Los Angeles Rental Property
There are three scenarios you encounter with maintenance when you’re performing property management in Los Angeles. Today, we’re talking about the best ways to handle them.
Maintenance Tips before Winter
Winter comes with its fair share of troubles, especially to landlords. Therefore, without prior preparation, they end up having their property damaged by the harsh weather. However, with the following tips, you should be able to sail through winter without complaints from your tenants or damage to your property.
How to Get the Water Flowing After a Pipe Freezes: Part 2
Welcome to Part 2 of our post on How to Get the Water Flowing After a Pipe Freezes!
How to Get the Water Flowing After a Pipe Freezes
When winter sets in, a frozen pipe is a huge possibility. If you notice that there is no flowing water in your faucet, it is important to thaw the frozen pipe promptly. However, the most important work is thawing it correctly. If you are not sure how to go about this, here is how to […]
