Keys to Successful Property Management

Prepare and price your rental unit for maximum profit by reducing expenses and vacancies, applying upgrades, and researching the right price to rent quickly for the most money.

Learn to prepare a rental unit by making smart, cost-effective repairs in four areas—kitchen, bathrooms, flooring, and paint—using fresh fixtures, affordable countertops, and hard surfaces to boost rent.

Price your rental to attract applicants and reduce vacancy, balancing fair market price with the risk of waiting too long. Use Zillow, Rentometer, and MLS experts for a rental analysis.

Learn to create an amazing rental listing with key elements and promote it using top websites and online tools to maximize exposure.

Create a compelling listing by detailing pictures, description, features, and terms—using bright photos, thorough descriptions, professional photography when possible, and clear lease details.

Promote your rental listing with the list of rental websites, explore leasing services with MLS syndication, and use a domain-based one-page site with social media.

Learn how to find the best tenants, why a great tenant is key to success, and how to avoid bad tenants by asking the right questions and legally screening tenants.

Screen tenants to avoid bad ones by asking when they plan to move, eviction history, and affordability, using income verification and three times income rule, while following fair housing laws.

Learn how to screen tenants legally and effectively using a reputable screening service, obtain a signed application, verify income and rental history, and check local records to assess affordability.

Execute a well-structured move-in by delivering a welcome packet, clarifying lease terms and utilities, and conducting a walkthrough with tenants to sign inspection forms and address deficiencies immediately.

Build long-term success in property management by prioritizing relationships; connect with your people to strengthen your team and drive better outcomes.