• Tips for First-Time Landlords Tips for First-Time Landlords

    0 comments / Posted on by Steven Rivera

    Tips for First-Time Landlords

    Hello to all you first time landlords!  We have comprised our top 8 tips for new landlords and our hope is that this article will educate you so that you don’t make the same common mistakes that most new landlords make.

    1. Make Rent the Priority

    Rent is your revenue. It’s amazing how many landlords are not aggressive in pursuing rent and late charges. It’s sometimes a good idea to work with people who generally need help … if they communicate with you.  But if your tenants just stop paying rent and ignoring your calls or texts, you need to start eviction proceedings. Otherwise, your tenant could be six months behind on rent before you know it, which makes this probably the most important of all the landlord tips.

    2. Partner With The Right Investor

    We have amazing business partners who are completely honest and transparent, two qualities that are absolutely critical when choosing your business partners. For some reason, some new landlords are very willing to partner with somebody they barely know just because a deal looks good. This is usually a mistake.
    The first time we invested, we chose a business partner who we have known for over ten years and this is why we felt comfortable doing a business transaction together. We are not saying that you need to know someone for that long period of time but what we are saying is that you definitely need to do your due diligence before investing with someone for the first time...

    Hello to all you first time landlords!  We have comprised our top 8 tips for new landlords and our hope is that this article will educate you so that you don’t make the same common mistakes that most new landlords make.

    1. Make Rent the Priority

    Rent is your revenue. It’s amazing how many landlords are not aggressive in pursuing rent and late charges. It’s sometimes a good idea to work with people who generally need help … if they communicate with you.  But if your tenants just stop paying rent and ignoring your calls or texts, you need to start eviction proceedings. Otherwise, your tenant could be six months behind on rent before you know it, which makes this probably the most important of all the landlord tips.

    2. Partner With The Right Investor

    We have amazing business partners who are completely honest and transparent, two qualities that are absolutely critical when choosing your business partners. For some reason, some new landlords are very willing to partner with somebody they barely know just because a deal looks good. This is usually a mistake.
    The first time we invested, we chose a business partner who we have known for over ten years and this is why we felt comfortable doing a business transaction together. We are not saying that you need to know someone for that long period of time but what we are saying is that you definitely need to do your due diligence before investing with someone for the first time...

    Read more

  • What Airbnb Guests Expect What Airbnb Guests Expect

    1 comment / Posted on by Steven Rivera

    What Airbnb Guests Expect

    What will Airbnb guests expect from renting properties? Great Airbnb hosts who want to ensure their guests have a comfortable stay, should be sure to provide a few key items for them. Although some of the things in this list may appear obvious, it is amazing how easy it is to forget the basics when worrying over the online listing or pricing structure. By including the items below, guests will enjoy a comfortable stay and be likely to recommend and highly rate the Airbnb property.

    A comfortable bed
    The big bed is something that all guests love and a comfortable night’s sleep is number one on the list when guests decide if they will go back or recommend any Airbnb.  Most guests usually are out and about visiting the area and the most time spent at the property is when it's time to sleep.  After a fun filled party at night they are looking for a fabulous night's sleep. Hosts should not scrimp when it comes to the bed, mattress, pillows and linens.  A restful night's sleep is top priority!

    Tea and coffee making facilities
    Although when guests are staying in an Airbnb they do not expect hotel standards, a few amenities will always be well received and help to enhance a stay. Hosts should try to provide a kettle and a small selection of teas, coffees, sugar and sweeteners. If there is a fridge in the property it is nice to leave some milk for the guest’s convenience when they first...

    What will Airbnb guests expect from renting properties? Great Airbnb hosts who want to ensure their guests have a comfortable stay, should be sure to provide a few key items for them. Although some of the things in this list may appear obvious, it is amazing how easy it is to forget the basics when worrying over the online listing or pricing structure. By including the items below, guests will enjoy a comfortable stay and be likely to recommend and highly rate the Airbnb property.

    A comfortable bed
    The big bed is something that all guests love and a comfortable night’s sleep is number one on the list when guests decide if they will go back or recommend any Airbnb.  Most guests usually are out and about visiting the area and the most time spent at the property is when it's time to sleep.  After a fun filled party at night they are looking for a fabulous night's sleep. Hosts should not scrimp when it comes to the bed, mattress, pillows and linens.  A restful night's sleep is top priority!

    Tea and coffee making facilities
    Although when guests are staying in an Airbnb they do not expect hotel standards, a few amenities will always be well received and help to enhance a stay. Hosts should try to provide a kettle and a small selection of teas, coffees, sugar and sweeteners. If there is a fridge in the property it is nice to leave some milk for the guest’s convenience when they first...

    Read more