As you consider investing in rental real estate, you should come to terms with the inevitability of tenant damage to your property. However, that doesn’t mean that you should take a passive role. There are steps that you can take to protect your investment and reduce the cost of damage. Our team at Fall River Property Management is the leading property service provider in the region. Here are some tips on how you can reduce tenant damage to your rental property. Tenant Screening From our experience in the local property market, screening pot…
End of Tenancy Cleaning
Following a tenant leaving, the landlord has responsibilities. If there is no damage to the property beyond normal wear and tear, landlords are obliged to repay the security deposit and attest that the tenant cleaned the space before leaving. Including a maintenance and repair provision in the lease agreement, along with an end-of-tenancy checklist, is essential due to potential differences in cleanliness standards between tenants and landlords. This ensures tenants are provided with clear guidance on areas requiring attention, potentially mi…
How to Grow Your Rental Portfolio
Are you a landlord looking to expand your rental portfolio and take your real estate ventures to the next level? If so, you're in the right place! Building a successful rental portfolio is not just about acquiring properties; it's about strategic growth, long-term planning, and maximizing returns on your investments. Whether you're an experienced pro or just starting out, this article is packed with practical tips and advice to help you navigate the journey of growing your rental portfolio with confidence and success. So, grab a cup of coffe…
Rental Property Marketing Mistakes
Effective marketing is crucial for the success of any rental property business. In today's competitive rental market, property owners and managers need to stand out from the crowd to attract and retain high-quality tenants. Unfortunately, many landlords and property management companies make costly mistakes that can hinder their marketing efforts and negatively impact their returns. This article will compile top rental property marketing mistakes to avoid helping property owners achieve better results. Inaccurate or Incomplete Property Listin…
Best Ways to Communicate With Tenants: Email, Text, or Call?
Good communication is the cornerstone of successful property management. Whether you’re a landlord or a property management company like Fall River Property Management, effective communication with tenants is crucial for maintaining tenant satisfaction, resolving issues promptly, and ensuring the smooth operation of rental properties. However, the question of: what is the best mode of communication; email, texting, or calling? In this article, we explore the advantages and best practices of each communication method to help property owners ma…
I couldn't be happier with Lyndsey and her team. From the initial phone conversation right through to the closing and management they have always been there with sound advice and prompt service. As an out of town investor it is very comforting to know that they are there 24/7 looking after both my investment and my tenants.