Competition for college-student tenants is so fierce in some communities that landlords and property managers have perfected the practice of offering “lease swag,” or perquisites for students who sign rental leases.
From offers of a free month's rent, to gifts like flat-screen TVs, to free shuttle rides to campus, swag is limited only by a landlord's creativity. A landlord in one small Pennsylvania town that hosts a state university offers Beats wireless headphones – worth $500 – to all students who sign a lease agreement 18 months in advance of moving in.… Read More »
Short-term rentals are eliciting a strong backlash in communities across the nation. Officials from Los Angeles to Capitol Hill are fielding complaints and mulling new regulations as the trend in short-stay leases grows. Airbnb alone has 3 million properties listed for rent worldwide, up from 550,000 in December, 2013.
For residential owners, the chance to host strangers who want to live like locals during brief visits to unfamiliar cities is an opportunity to get ahead… Read More »
Schedule rental showings for the same day. This minimizes the inconvenience for current tenants, and allows the landlord to gather and process applicant information in batches rather than piecemeal. Book showings 15 to 30 minutes apart to allow each applicant time to tour and ask questions.… Read More »