How Low Rents Can Kill You
Perception is reality. I once heard that the popular Peloton bikes were once half the price than they are now. At that price point, they had a really difficult time selling. After a re-brand and price increase they have now become the most popular at-home exercise brand on the market today. How does RAISING the price actually help? For starters, it invokes a quality that otherwise may not be assumed. Giving the product the gravitas- whether that’s a high price or shiny accoutrements- will help give it value. Something the consumer can see/touch/feel or at the very least, perceive. There…
Let’s Talk Rental Property Value
Five ways to Increase the Value of Your Rental Property If you own a rental property, you should always be looking for best ways to increase the rental value of the property or to maximize the amount that someone will pay to rent the home. Making changes to your property can make it more enticing for renters and should even entice them to pay more in…
Spring Property Management Tips
Spring is (officially) upon us. For Property Managers, that means more than just a celebration of the seasonal change. It's also a time to whip properties back into shape. As the weather begins to change, it's time to assess the condition of your property. Additionally, it's a great chance to do a little TLC for a big ROI when potential tenants come to check it out. You can embrace the moment and reduce your future workload with these property management spring cleaning tips. Property Owners, take Advantage of these Spring Cleaning Opportunities As spring begins to unfold, you can take…
Clever Ways to Keep a Mudroom Clean
Winter has definitely come this year and with more snow and ice on the radar to undoubtedly inundate the area, there's bound to be a constant barrage of household messes to address. The whole point of a mudroom is to keep dirt and debris confined to one place in your home. However, everyone that lives in a snow and ice blanketed location knows that mess find its way well into other parts of the house. Ideally, what you, your family and friends track in from outside, stops inside the mudroom. But in reality, there's always a battle just outside the…
Snow, Ice Damage Insurance Claims: Things You Should Know
Many homes will fall victim to Old Man Winter. Indeed, preventative measures generally fend off most serious damage. However, when the weather delivers a never-ending barrage of snow and ice, the cumulative effect is enough to cause more severe property damage. Some homeowners will stay present all through the winter. They are able to readily assess any type of damage and make necessary repairs. Or, put additional preventative measures into effect. However, some homeowners will come back from their cold weather retreat, greeted by an unpleasant scene. They'll discover extensive damage and pay out big time to fix what's broken.…
