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, [...]