Saturday, September 25

Tag: rental income

3-Steps To Increase Tenant Retention & Optimize Rental Income [2021]

3-Steps To Increase Tenant Retention & Optimize Rental Income [2021]

Real Estate
Real Estate 3-Steps To Increase Tenant Retention & Optimize Rental Income "We are what we repeatedly do. Excellence, therefore, is not an act, but a habit." ~ Alcmeovque Gide When you manage or own commercial real estate, one of the things which may get overlooked is how to get tenants to want to stay in your property. Many owners bemoan the fact that their properties are not as profitable as they would like, and believe that a tenant's decision to move out is guaranteed. They sit on the fence, hoping that a tenant will take one more month or two more before moving. If you are like many owners like this, you are simply paying yourself a mortgage while you foot the repair bill. The problem is that many property owners do not take a look at their bottom line. What they overlook...