Finding the right tenant improvement contractors for your tenant improvement construction project can make the difference between a stress-free and efficient renovation and a frustrating, time-consuming, and expensive project. The best tenant improvement contractors,...
When you lease a space, it is common to have to make improvements to customize the space for your business, so you will want to negotiate tenant improvements with the property owner. In this article, we answer the question of what is tenant improvement and discuss how...
Whether you are committing to tenant improvement construction or providing a tenant improvement allowance, you want to make sure the work will be done by high-quality and experienced tenant improvement contractors. After all, it’s your property, and you need to...
Building owners, property managers, and investment groups want to keep their properties fully occupied and earn as quickly and often as possible while maximizing lease rates for optimal returns. For commercial properties, tenant improvement construction can leverage...
The average rental turnover costs for an apartment range from $1,000 to $5,000, according to the folks at Apartments.com. For rental homes, the costs typically go up from there. The longer it takes to get your property ready to market and get new tenants in, the more...
There is good news for rental property owners and property managers. Vacancies for rental properties are running around 6%, which is approaching a record low. Increased demand and rising homeownership costs bring more people into the rental market. Analysts expect...
When tenants move out, you never know what condition the apartment will be in. From minor cleanup to major repairs, it can be a pleasant surprise or a frustrating nightmare. Some tenants care for their apartments and will do a thorough job of cleaning. Others can...
The longer a property is unoccupied, the less revenue you bring in. Worse yet, there are still fees and expenses. You will be footing the bill for utilities and maintenance until you can lease the property again, So the faster you can do residential tenant turns, the...
Most home buyers today are looking for homes in move-in condition. Renters do not want to lease a property that is not in good shape. These are reasons that 93% of asset property owners are investing in rehabilitation to make their properties more attractive. Not...
The success of an REO property rehab depends on the quality of the work performed and the property renovation company doing the work. If the renovation work is done well, it contributes to increasing the property’s value and can attract more potential buyers and...
