There is one tough question that every business owner must face at some point: should you rent or buy office space? The benefits of even having a physical office location are apparent. Communication, collaboration, and bonding are at their best when in-person, and customers can see that you are here to stay when you’ve invested in a building. In other cases, a physical location is essential to providing your services. No matter what type of business you have, the question of whether to rent or buy office space is often muddy and nuanced according to each company’s circumstances. However, the classic list of what each has to offer can help you in your decision.
Posts Tagged ‘ rent ’
Often the industry fixates on the nightmare tenants and overlooks how great some tenants can be. When we get great tenants, it’s hard to see them go, but there are lots of reasons that they may choose to vacate a rental. Some of the most common reasons are detailed below with tips on how you might try to keep that great tenant in your properties. (more…)
One of the most challenging parts that come with being a property manager is setting and raising the rent. Many property managers worry that raising the rent will result in good tenants leaving for other properties and an increased number of vacancies. Setting a rent price for your units is not as simple as looking at comparable locations and pressing a button. Here are just some of our best tips for raising the rent without losing valued tenants. (more…)