February 2024

HOW MUCH TO SPEND ON PROPERTY MAINTENANCE TO SAVE EFFECTIVELY

Investing in the maintenance of your property is similar to supporting the health of a living organism. Whether it's residential real estate, commercial property, or personal assets, timely and regular maintenance can prevent serious issues and help avoid unexpected expenses in the future.   Property ownership comes with expenses, but is it always necessary? Let's explore how to optimize them...

RESIDENTIAL DEVELOPMENT IN MOUNT PEARL: ACTION PLAN

The Canadian government continues to implement initiatives to improve housing accessibility for its citizens. Housing remains a key focus area for the government, and collaboration with municipalities and other stakeholders is crucial to achieving this goal.   On February 26, 2024, an agreement was announced between the Canadian government and the city of Mount Pearl to expedite housing...

ACCELERATING UNIT TURNOVER: A PROPERTY MANAGEMENT GUIDE

Vacant units are more than empty spaces—they're missed opportunities for property managers. Turning over a unit efficiently after a tenant vacates is critical since each idle day equates to lost income. Therefore, crafting a solid strategy to reduce vacancy duration is essential. Below you'll find actionable advice to shorten the turnover time—the period between the departure of one tenant and the...

Key Tips for Setting Rental Rates for Your Property

Welcome to our guide on setting rental rates for your property. Determining the perfect rental rate is crucial for property management, as it directly impacts your income. But don’t worry, we’re here to help you make informed decisions and maximize your earnings!     📊Step 1: Market Analysis To set the optimal rental rate, start by researching other rental listings in...

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