When setting the rates for your rental properties, you have to make sure your rent prices are set high enough so you can cover costs associated with being a landlord (like your mortgage, insurance, taxes (*sigh*), maintenance), but also be low enough to be competitive in the market.
Yeah, we know – that’s a lot easier said than done.
But as a College Pads customer, finding the sweet spot for rent prices is about to get a little easier with Rent Index. Check out how the Rent Index will help you stay competitive in your market!
Whether you own a condominium, duplex, single-family home, or a huge purpose-built apartment complex, all landlords share the same goal: to keep your units full and maximize profits. But finding the right mix of cost minimization while increasing resale value and growing rents isn’t easy. One of the more obvious ways to achieve this goal is to make a few rental property updates.
When you think about it, getting a prospective student tenant’s attention comes down to just a few seconds. Today’s world is a quite hectic one, and in the world of smartphones and the internet, students are scrolling and sifting through rental listings in just a matter of moments. Just as quickly as someone can stumble upon your listing, they can stop looking at an even quicker pace. When students have the power to search through hundreds of listings with the swipe of one finger, it’s important to make a good first impression. As the old adage goes, pictures really do say a thousand words, and whether or not you realize it, including quality photos of your rental property can really make or break your odds of leasing it out.
If you’ve ever looked for off-campus housing, we’re sure you know how exhausting, overwhelming and tedious of a task it is. Between your everyday routine, classes, work, and trying to maintain a social life, we know you don’t want to pile yet another thing on your plate—especially one as draining as searching for off-campus housing at UIUC.
To help lighten your load, we at College Pads have done the dirty work for you. We’ve searched high and low to find UIUC students the best landlords around the Urbana-Champaign area. After reading through tons of reviews, we leave you with our picks for the top ten landlords for students attending the University of Illinois at Urbana–Champaign.