RempStone Property Management

Tenant communication is one of the crucial aspects of efficient rental property management; however, it often slips over an owner’s mind. From collecting rent to managing finances and researching new investment opportunities, you may find it difficult to address communication complaints. However, communication and clarity are the keys to building healthy relationships with your renters. You may not always be able to address tenants’ complaints right away but clear and effective communication can make life easier for everyone. Know Tenants’ Rights and Your Responsibilities Property owners and tenants have specific rights and responsibilities that vary from state to state and understanding them is essential. A solid grasp of these specific duties and obligations of each party will help you make informed decisions and avoid legal complications. It is important to specify the rights and responsibilities of each party in the lease agreement to ensure transparency. Making your tenancy agreem...

The goal of investing in rental properties is making money; however, not every investor earns the profit they want. Multiple things affect the profitability of a rental business but luckily, you can control most of the factors influencing your venture. For instance, you can decide where to invest, whom you rent to, and whether to work with a property management service or not. It is essential to make informed decisions and do everything you can to safeguard your investment and earn good returns. In this article, we will look at some strategies that could potentially help you make the most out of your rental business. Advertise Properly Now that you have prepared your rentals for new tenants, it is important to advertise them properly. You can do this by targeting and reaching the right people at the right time. Invest some time to create a great listing that includes the essential features your potential renters would like to know about and features that make your rentals stand out. Ne...

Real estate investing can be lucrative; however, big returns come with their fair share of challenges and hurdles. From managing the day-to-day operation of rentals to dealing with defaulters, managing a rental property business can be overwhelming. Add the need to stay compliant with landlord-tenant laws, having a profitable real estate business is no easy job. Here are some of the biggest challenges confronting rental property owners and ways to counter them. Getting Quality Clients Being a property owner becomes a serious headache when you do not find tenants to fill vacancies or end up with bad tenants. Attracting quality tenants to your rental properties requires proper target marketing, which again requires skills and time investment. If you have the time and skills to advertise your rentals properly, you will get quality tenants to fill up vacancies. If you own multiple rental properties, taking the time out to market your assets can be more than a hard task. In that case, you c...