Now that spring is officially here, there are a couple of things that you may want to start doing if you own a rental property. With the weather warming up and people venturing outdoors again after such a long and chilly winter, there are many different things to change or update to increase curb appeal. While there may be lists that are pages long of things like this for you to work on, here are a couple to give some thought to on those really nice days when you want to be outside. Power Washing. After the winter with all of the salt and dirty snow, your rental property may need a good power wash. Many places will rent out a power washer for a day and they are relatively cheap to operate as well as rent. Obviously it is better if you have a friend who owns one, and the beauty of social media is that you can easily ask around. Check classified ads if you are interested in buying one, you never know what will pop up! Planting. Getting your hands down into the dirt in the beginning of the spring can be a great feeling and extremely rewarding. You may want to plant a couple of flowers around the lawns or maybe a tree or two for shade. You may even want to create a memorial garden of some kind, either one that is for someone specific or one that others can use if you own an apartment complex. Perhaps you have been thinking about starting a communal vegetable garden. Ask around with your residents and see if there is any interest in keeping a couple of plants and herbs alive for the community to use. Paving. This is always a big one after a rough winter if you have an apartment complex with a parking lot. Plows and snow wreak havoc on asphalt, and so you may be thinking about patching some of those pot holes left behind. While it is certainly expensive, it will be more than worth it in the long run for you and your residents as well as any guests they may have over. These are only three things that you may want to consider doing now that the weather is warming up. Stay tuned for a couple more ideas if you want to keep improving your rental property.
Having a baby can be one of the most incredible moments of your life. Although it might have been a difficult road to get there, it is something that a lot of people cite as the most important moment in their life. A new baby can definitely be a lot of work, but many people say that the real struggle begins when their baby starts to crawl and walk. Once your child becomes mobile, it can seem like they never stop and can be difficult to keep up with. This is why it is important to plan ahead if you think you are going to have children in the future. A common goal for younger couples is to have children. If you are in a relationship and have decided that kids are something that you want in your future, then you will probably be looking at a certain sized apartment or rental house. Just looking for something that has enough bedrooms isn’t always enough though. It is important to remember that children can get into a lot of trouble quickly. Thinking forward to things like dangerous stairs, slippery floors, or even older carpets and wallpaper can pose a possible concern to new parents of children that like to chew on everything and crawl around quickly. While we aren’t saying that every family who has children needs to have a single floor house with an open floor plan that was recently built, it is important to consider what is important to you in regards to your growing family. This might include certain things that you wouldn’t think of if it was just a couple of younger adults. We suggest making a list of what is most important to you before you start looking for a new place to house your growing family. Here at Talley Properties, we are dedicated to finding the perfect place for you and anyone else who might come along. The whole point of having somewhere to live is to be comfortable, so why should you settle for anything less than exactly what you want? No matter how long it takes, we will keep searching until you are happy with what we can get you into. Give us a call and let us know what your requirements are. We want you to like where you live and will search until you are. You just need to make the call.
There is an interesting discussion when it comes to apartment complexes and other large buildings (such as offices) regarding garbage pickup. Although most places understand that they need to have a place that their residents can dump their trash, many people wonder if they should provide recycling bins as well. While this is something that someone who knows the location must decide, we want to help you out when it comes to keeping things out of landfills that could be better used (or reused) in other places. One of the main reasons that most rental property owners do not want to offer a recycling option is the price. While it is a bit more expensive than just having the garbage, many places that offer both will give you a bundle sort of deal so that you can get them at a reduced rate. This is also true if you are able to have fewer recycling pickups than garbage pickups, which most places do. For example, my apartment complex picks up the garbage twice a week while the recycling is only picked up twice a month. While this can cause a bit of an issue around holidays when lots of large boxes are being tossed into the bins, it is normally more than enough and it does save the association some money. Another issue that many owners find is that people don’t seem to know (or care) about how recycling works. It is important that everyone realizes which bins are meant for garbage and which ones are meant for recycling. Most plants that recycle will either turn away trucks that are full of garbage or charge extra fines for having to separate the contents. This is expensive for the property managers and owners either way which can discourage a lot of places from continuing a recycling program. Make sure to post literature about what can and cannot be recycled and take extra action if needed. Recycling is something that can really help out the environment and apartment complexes if used correctly. If you aren’t sure how to get started, you can always go to the library or check online and do some research of your own first. Ask around and see if there is any interest in getting a recycling bin for your residents. It certainly couldn’t hurt and you will make a difference in the community and the environment!
It rarely happens that anyone moves into a new place and loves everything about it from day one. Every person has different needs and tastes that often need to be addressed when they move. Sometimes these are small, like hanging a couple of pictures or maybe placing a bookcase or two. Other times, however, there are large changes that need to be made. These can include adding a stair lift or changing out a bathroom tub or toilet to make it more accessible to someone with medical needs. No matter the size of these changes, you may need to talk to your landlord. While most landlords don’t have a problem with you hanging pictures or putting up new curtains, some don’t like new holes going into their walls. It is important to make sure that you ask what will and will not come out of a security deposit. For example, if you put up new permanent shelving you may be in trouble but simply putting a nail in the wall for a painting is okay. If you want to change out your shower head, you may want to ask if the landlord is okay with you leaving the new one when you move or if you should keep the original to put back in before you go. Each landlord is different, so never assume that the rules are the same from one to another. Some landlords are okay with you painting the walls as long as you paint them back before you leave while others don’t want to deal with different colors under the layers of white or beige. Although you may paint something on the wall, it might make it more difficult to sell to the next tenant if they don’t have the same taste in art as you. Even if you don’t think you’ll “get caught”, you should remember that it isn’t your home. If you wouldn’t want someone to do it to you, then definitely think twice before you do it yourself. Any change that you may want to make to an apartment should always go through your landlord. Although you don’t really need to ask permission every time you hang a new painting, it is a good idea to ask what is and is not okay when you move. As long as you have communication, you should be in the clear!
Something that will always help you to get new tenants or to keep those you have and like is to find new ways to keep them happy. While this isn’t always the easiest thing to do, there are certainly dozens of ways to accomplish this goal. Here are just a couple of ideas of what to offer your residents, especially if you have a full apartment building. Recycling is something that is growing in popularity, and thankfully. Recycling has been a conversation most of us have had for decades now, and it is always something that can make a difference. More and more, recycling plants are becoming accessible to everyone and even those who don’t have easy access to it are asking for it. While adding a recycling stop at your rental property may seem expensive, it normally isn’t going to set you back too much and it will make most people that you rent to very happy. I can personally say I would love it if my apartment complex offered recycling as well as garbage pickup. As it is, I have to save up my recyclables until I go to see my family again so I can dump it off with them because my town doesn’t have a drop off. Another service that will certainly entice many people to take your empty apartments is offering them free wifi connections. While internet can be expensive for a full building, it normally shows mostly in the installation fee. Once everything is in place, the monthly cost shouldn’t be too bad and you can certainly charge more to new tenants for this service. After all, this means they won’t have to pay for internet themselves which can cost anywhere from the price of a meal for two out to a few hundred dollars depending on your location and how good the connection is. Everyone needs internet now. This is something that people have mostly accepted and adapted to. After all, without internet you wouldn’t be reading this and I wouldn’t have a job. Therefore, I am fully for everyone having internet! In all seriousness, providing your residents with something like internet is almost like a necessity today. If you are looking for a way to improve your building, adding complementary wifi is certainly a good way to go.
New leases are always stressful for everyone involved. Now that January has rolled around again, a lot of people are re-evaluating their living conditions and may be looking to move. This means that you have some things to take into consideration. One of these things is the length of a lease. While most people only do a base of one year with the possibility to renew each year, you do have other options. You may decide to have a lease of any amount of time you want, but there are things that you need to weigh when figuring out what your resident’s lease length should be. Here are some ideas to consider when marketing your apartment. Someone in the military, for example, may not want to be locked into a full year’s lease. This may be a large commitment and they may not have the assurance that they won’t be moved before then. For people in this position, a month or six-month span may be all they can promise. A concern that we often hear with shortened leases is that people don’t care since they aren’t going to be there long but this simply isn’t true. Some people just don’t have jobs that allow them to stay in the same place for too long. When your lease is up is another thing that you might want to consider. While most places do sign into a full year, you might want the opportunity to have someone new in based on where in the year it is. If it is March but you prefer for people to move in during June for example, you can explain that any resident is up for re-evaluation at that point. If you like them, you can always renew their lease for a full year once you hit that month. If not, you will hopefully find someone else that will move in quickly once that time is up. When it comes to writing up a new lease, remember that you are in control. After all, you have the property that others need to use. It might be worth it to figure out a pattern that works for you in regard to leases. Always talk to a realtor to make sure that your ideas are valid. See what others in your area do and what would work best for you and let Talley do the rest!
One of the most exciting things to see as a kid is one of the worst things to see as an adult. I don’t know about you, but the older I get the more I dislike seeing snow outside my window. Sure, it’s lovely and it wouldn’t feel like the holidays without it, but goodness do I hate having to move it. Shoveling has become the bane of my existence and I would much rather pass a $20 to a neighbor kid than do it myself for free. Unfortunately, if you own an apartment building or complex with a parking lot and/or roads, you don’t exactly have such an easy way out. Getting snow removed in a timely fashion is one of the most important and infuriating tasks that you will likely have set to you during the winter. You need to be able to balance between making sure that the snow has stopped so you don’t have to have everything cleared twice with the time of the day that the snow is occurring. If all snow happened during the night and was done by around three in the morning so you could call someone and have it cleared in time for everyone to go to work, it wouldn’t be so bad. Unfortunately this rarely happens. Calling a plow company can bring its own issues, especially if you have waited a little too long to call them. It may take hours for them to arrive and if your residents need to move their cars, this can present not only logistical issues but may also result in cranky residents that were pulled out of their warm beds only to have to sit somewhere else for hours while you try and have the snow taken care of. You also have to figure out where to put all of it so that it doesn’t impede anyone, which is always a difficult task. Having a set snow removal protocol is extremely important if you own an apartment building or complex. Make sure that each year, everyone gets a paper or email which explains what this is so that everyone can be on the same page. Hopefully the snow removal process will go smoothly and soon everyone will be able to enjoy how it looks on the trees and not on the ground.
There is an ongoing discussion when it comes to apartment complexes and other large buildings regarding garbage pickup. Although most places understand that they need to have a place that their residents can dump their trash, many people wonder if they should provide recycling receptacles as well. While this is something that someone who knows the location must decide, we want to help you out with some thoughts when it comes to keeping things out of landfills that could be better used (or reused) in other places. One of the main reasons that most rental property owners do not want to offer a recycling option is the price. While it is a bit more expensive than just having the garbage, many places that offer both will give you a bundle sort of deal so that you can get them at a reduced rate. This is also true if you are able to have fewer recycling pickups than garbage pickups, which most places are. For example, my apartment complex picks up the garbage twice a week as opposed to the recycling which is only picked up twice a month. While this can cause a bit of an issue around holidays when lots of large boxes are being tossed into the bins, it is normally more than enough and it does save the complex some money. Another issue that many owners find is that people don’t seem to know (or care) about how recycling works. It is important that everyone realizes what bins are meant for garbage and what ones are meant for recycling. Most plants that recycle will either turn away trucks that are full of garbage or charge extra fines for having to separate the contents. This is expensive for the complex either way and it can discourage a lot of owners from continuing a recycling program. Make sure to post literature about what can and cannot be recycled and take extra action if needed. Recycling is something that can really help out the environment and apartment complexes if used correctly. If you aren’t sure how to get started, we always suggest going to the library or getting online and doing some research of your own first. Ask around and see if there is any interest in getting a recycling bin for your residents. It certainly couldn’t hurt and you just might make a difference in the community!