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RENTAL KEY PERFORMANCE INDICATORS

What Key Performance Indicators should I track for my rental? As a Landlord or rental property investor, you want to keep track of how your rental is performing, but how exactly do I do that? And what are the best Key Performance Indicators? When you own one property you probably don’t worry too much about most of these metrics, but when you are a serious investor owning multiple properties it is important that you understand how long it takes to place a new Tenant, to complete a repair, or why people leave for example. You can divide these KPI’s up...

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HOW TO SET A RENT PRICE IN GREENVILLE?

How to set a rent price in Greenville? At Above Property Management we know that rent price is critical. To get it right we set a rent price based on the  following factors: Location of the rental Neighborhood Square footage Functionality & amenities Time to rent    1. Location of the rental Remember the old saying that in real estate it’s all about location, location, location? We’ll that’s certainly true for your rental. The goal of a rental property is to be an investment that returns the maximum amount of profit. What does this translate to? Having a paying tenant...

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