Posts

Showing posts with the label rent your house

5 Easy Ways to Minimize Vacancy Rate and Rent Your House Fast

Image
The vacancy is a cash flow killer.  For your Oklahoma City rental to do well, it has to produce rent on a consistent basis. This article talks about the simple way to minimize the vacancy rate for rental property and rent a house fast. And, what we do to reduce rental vacancy rates in Oklahoma City. Ideally, your tenant will NEVER want more from the property. I had a tenant once for 18 years within the same apartment. But that’s definitely not normal. On average, a tenant stays about 3 1/2 years in our single-family homes. And, about 1 1/2 years in apartments that we've leased. What the average vacancy rate would be based on these numbers?  It’s actually not enough information.  It depends on how long it takes to do the make ready for the unit.  And, once the make-ready is done, how long it takes to lease the property . Rent Ready Checklist - Getting A House Ready To Rent Renew Leases: If you have got tenants who are paying their rents, it is smart to renew the...

All Bills Paid OKC Houses - What are the Income Criteria for an All-Bills-Paid Apartment?

Image
In an all bills paid apartment, you pay a flat rate, and your landlord is  answerable for  paying basic utility costs. Which bills are paid depends on the apartment  and also the  landlord. Some rents cover all kinds of utilities, including cable and Internet access. Others  might not   acquire  everything. Talking about the median cost for utilities in OKC? Basic utilities  in a very  915-square-foot apartment — electricity, heating, water, and garbage — will cost about $153.84 a month in  Oklahoma City .  consider  costs like this when deciding whether  to measure  in an all bills paid apartment. What are the income criteria for an all-bills-paid apartment? Tips for  going in  an all bills paid apartment: Make sure the apartment clearly defines what each party is  chargeable for  before signing a lease. Check  to work out  if  there's  a thermostat inside the apartment  t...