How to choose the right tenant for your property?
stable income – it is an investment in security, peace of mind and long-term value. Every owner who has been down this path knows how difficult it is to find someone who not only pays on time, but also respects the home as if it were their own. Choosing the right tenant is just as important as managing the property itself. Whether […]
Reasons to Hire a Professional Property Management Company
Managing properties for short-term or long-term rental is a complex process that requires time and knowledge. For owners who want to optimize their income and reduce stress, professional property management companies offer comprehensive solutions. According to Infoline, by 2024 the rental market in Bulgaria saw a 16% growth in demand, especially in large cities […]
Forcible eviction of a tenant from a property: How early warnings and the right approach save conflicts
Forcibly evicting a tenant from a property is a situation that most apartment owners prefer to avoid. Even with short-term rentals through Booking or Airbnb in Bulgaria, as well as with medium- and long-term contracts, misunderstandings can arise – broken rules, damage or delays in vacating the apartment. Such problems can lead to stress, financial […]
How to Attract Long-Term Tenants: The Secrets of Loyalty
Imagine Ivan, an apartment owner in Sofia, who reduced his costs by 30% by keeping a tenant for five years. Instead of looking for new tenants every year, he enjoys a stable income and peace of mind. Long-term tenants are every owner’s dream! According to RentCafe (2023), they reduce property turnover costs by up to 25%, […]
Advantages of long-term rental properties
Long-term rental properties are a traditional and stable way to generate income from real estate. It offers security and less commitment for owners by securing long-term relationships with tenants who commit for a period of months to years. In addition, many companies and agencies take care of all the management of the property, [...]