May through September are typically the months when most tenants seek new apartment homes, with July and August being the highest volume months. Spring’s arrival signals it’s time for property managers to prepare for increased traffic to view vacancies and to commit resources to encourage lease renewal numbers.
As the owner of rental properties, whether it be one or multiple units, annual inspections are a vital part of the process. Sometimes, you might have a long-term tenant that religiously renews that lease year after year – and you appreciate that. However, unless you employ a property manager to handle daily operations, property upkeep is your responsibility and you’ll need to perform the occasional inspection while a unit is still occupied.
With the latest survey from Apartments.com citing that 75 percent of US renters are unwavering pet owners, it’s not hard to see why so many tenants are looking for pet-friendly properties with value-added services and other perks for pet owners. Not many people are willing to give up their beloved Fido or Fluffy just to live at a certain rental property, and more management companies and owners are feeling the pressure to instill more pet-friendly policies to accommodate today’s growing renter population.
