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For landlords of co-living spaces, maintaining the property is not just a matter of routine upkeep. Here, we delve into the 8 key reasons why landlords should prioritise property maintenance as a key aspect of their property management duties. 1. Tenant satisfaction Property maintenance is …
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Inspecting a property in a rent-to-rent model for your co-living business is an important step. Thoroughly assessing the condition of the property will ensure that it is suitable for subletting it out to tenants. Here’s what you need to do. 1. Plan ahead Schedule your appointment for viewing …
In a competitive property rental market, your listing on a property portal serves as the first impression potential tenants have of your property. To ensure your property stands out and attracts high-quality tenants, it is essential to craft rental listings that will highlight your property’s …
[Read more...] about The Art of Rental Listings: How to Make Your Property Shine
If you’re embarking on a property investing journey, there are several principles you need to consider in your decision-making process. One of these is the principle of investing in Below Market Value (BMV) properties. What is a BMV property? In simple terms, a BMV property is a property that’s …
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Passive income is money earned which requires little to no active involvement from the investor. Some people have different goals when it comes to generating passive income - these include saving for retirement, keeping funds for a rainy day or earning some extra money for travel. Earning passive …
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Co-living has taken off in recent years, becoming especially popular among younger generations such as millennials and Gen Z and Millennials. As a tech-savvy and socially conscious generation, millennials and Gen Z are particularly drawn to the community aspect of co-living and because it aligns …
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Property management is an essential part of co-living investing. If you’re taking on the role as a property manager, you’ll need to ensure that both your property and tenants are well looked after. To become a proficient property manager, here are 10 important skillsets you should master. 1. …
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In the area of property investment, the concept of co-living investment as a compelling asset light strategy has emerged in recent years. Co-living investment provides an alternative and flexible approach to reduce financial burden. It presents a unique opportunity for investors to generate …
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As a landlord, it is important to understand what your tenants need. When you are able to meet or exceed those needs, you’ll be able to win the loyalty of your tenants and as a result, they are likely to extend their leases with you. Beyond providing a basic living space, here are some ways you can …
Co-living is increasingly becoming an accepted form of accommodation for renters. Let’s take a look at how changing demographics and trends have led to the increase in demand for co-living. 1. Remote work Thanks to technology, it has now become possible for individuals to work remotely. This …
[Read more...] about Trends Shaping the Demand for Co-living
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