Larry Arth's Blog Posts

Blog posts written and submitted by Larry Arth

Tue
14
Mar
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7 Secrets To Keep Tenants Renewing Your Leases

7 secrets to keep tenants renewing your leases

Keeping your tenants happy and renewing their leases is key to keeping your rental housing business and your revenue growing.

Our veteran investor, property manager and blogger shares a few of his secrets here.

By Larry Arth

I learned early on in the landlord business that I had to build a strong relationship with my tenants if I wanted long-term loyal clients for my rentals.

On the other hand, apartment owners and real estate investors who simply look at an investment property as a vehicle where the tenant pays their mortgage and generates them some positive cash flow tend to have tenants who move out annually.

When tenants feel or sense they are nothing more than a revenue stream for their landlord, they tend to move on quickly.

Here is my system:

Mon
06
Mar
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How Well Do You Manage Your Property Manager?

For owners and real estate investors Larry Arth asks,"How well do you manager your property manager?"

Veteran real estate owner and investor Larry Arth has a great property manager who he has worked with for years. Other owners and  investors struggle at times to find the right management style themselves to work with a property manager. Here are some thoughts on how to make the relationship between owner and investors and property managers work better.

By Larry Arth

I was having a conversation recently with an investor who owned a rental property free and clear and had been happy for years that all things were going well, with tenants paying regularly and checks coming in on time.

For the past five years, this investor was collecting rent checks from the property management company like clockwork. The property management company had been sold to another owner a few years back, but things were still going well. The checks came in right on time every month.

Just what an investor wants from a good property management company, right?

Tue
17
Jan
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5 Things Property Managers And Landlords Need To Know About Renting To Millennials

What landlords need to know about Millennial tenants photo copyright Eugenio Marongiu via Canva

Landlords, property managers and investors need to understand the Millennial tenant today and what they want in rental housing.

Veteran property manager and landlord Larry Arth talks about what he learned from his daughter and how that applies to his rental properties.

By Larry Arth

Talking with my daughter, who is a Millennial, has provided important insight to me as I have studied this group and its rental housing needs.

It has been almost a psychological journey into my daughter’s era, shedding light on many past conversations with her and her friends about their lifestyle habits.

At the time those conversations were hard to understand and relate back to my real estate business. But now, I understand the necessity of understanding their perspectives for both my real estate clients and Millennials as my base of tenants, so I set out to learn even more.

Mon
09
Jan
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7 Real Estate Investing Trends For 2017

7 real estate investing trends for 2017

This week veteran real estate investor and property manager Larry Arth discusses what he sees as 7 real estate investing trends For 2017.

He says optimism is strong but watch these 7 trends.

By Larry Arth

I have held many discussions with investors, builders, buyers and sellers heading into 2017, and their consensus, as well as everything I have read, leads me to this conclusion:

Real estate investing over the next three years will bring slow and steady increases similar to what we saw in 2016.

Now you may be thinking we are navigating unchartered territories with all the changes happening in the political scene. You may see a mixed bag of information making it difficult to assess your investment strategy.

Many are asking, “Why do so many people have such a different perspective on what the market for real estate will look like?”

Tue
29
Nov
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13 Things Baby Boomer Renters Want And Landlords Need To Know

13 things Baby Boomer renters want that landlords need to know

A study estimates at 2.2 million seniors will be entering the rental market over the next eight years. This group of potential tenants desires to be less tied down to the responsibilities of maintaining a home.. Here is a look at 13 key things these Baby Boomer renters want that landlords need to know

By Larry Arth

As a real estate investor and landlord myself I understand that tenants are the pillars of our business.

13 things Baby Boomer renters want and landlords need to know

Larry Arth

Working with hundreds of investors, I carry a high level of interest in the the kinds of tenants who represent our customer base. I trust that you, as a diligent investor and landlord, do as well.

Mon
21
Nov
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My Top 7 Landlord Mistakes

Top 7 landlord mistakes - no. 1 too quick to fill a vacancy

If you have not made any mistakes as a landlord, you probably have not been in the business that long. One of the best ways to learn is from other people's mistakes. So veteran landlord and investor Larry Arth shares some of his mistakes as a landlord and what he has learned.

By Larry Arth

Learning from your mistakes so you can master your business is the key to your success.

You can learn from other people’s mistakes, so I would like to share mistakes that I have either personally made or have watched investor-clients make.

No. 1 - Being too quick to fill a vacancy

I often see new landlords and investors fall prey to this one.

I, too, many years ago made these bad judgment calls (never again). It is easy to drop your standards when a unit is about to become vacant.

Emotions take over and a prospect comes to you waving cash at you.

Tue
15
Nov
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7 Things To Check Before You Raise Rent

7 things to check before you raise rent

When to raise rent is a question many landlords ask themselves. Sometimes it comes up when a tenant leaves. Other times it comes up when a landlord gets an increase in taxes or insurance. Veteran investor and landlord Larry Arth takes on the issue here:

By Larry Arth

Rents have been increasing and it is a great time to be a landlord. In fact, landlords have been enjoying some of the fastest growth in rental rates in recent history. But you want to be aware there is a cap to that growth and we have begun to see this in some markets already.

Rental demand has continued to remain very strong, which allows landlords to be bullish on rental rates.

The questions investors are now asking about rents are:

  • “How high can they go?”
  • “For how long can we raise the rates?”

Great questions, and one needs to look deeper at the market in which you are investing to find the answers.

Wed
28
Sep
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7 Headlines Real Estate Investors Should Watch

Which headlines Investors should watch blog by larry arth

We are constantly bombarded with information these days and investors hear many things from many sources.

Our veteran real estate investor Larry Arth talks about the headlines investors ask him about and what they should be watching.

Headlines may be national, but how does that translate to local?

By Larry Arth

Investors often call or email me all excited, or perhaps disappointed, because they have seen a headline or read an article somewhere on real estate investing and want to know my thoughts.

 

Before you move past the headlines you want to ask yourself if this is local news, state news or national news?

Does the headline or article in the news truly have an impact on your rental business?

Sometimes headlines or articles can sensationalize a topic. You want to read between the lines. However in my experience there are seven topics I continue to see investors ask about and what they are watching.

Tue
20
Sep
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Is Multifamily Investing Better Than Single-Family?

Multifamily investing vs single-family investing which is best?

This week veteran real estate investor Larry Arth tackles the multifamily vs. single-family debate among real estate investors over which of the two investments is the best.

He has personal experience in both owning and managing multifamily properties as well as single-family properties. Here is his take on the two sides of the argument.

By Larry Arth

Investors have strong opinions about this topic of multifamily vs. single-family investing.

A local real estate investors club meeting (REIA) I attended had the debate raging once again over single-family homes versus multifamily. I have heard the debate many times early in my investing career.

Larry Arth blog on multifamily vs single-family investing

Over the years, I have come to realize there is no right or wrong answer.

Tue
06
Sep
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30 property management questions you need to ask

property management and 30 questions to ask

If you are an apartment owner involved in property management, a property manager yourself or a real estate investor, there are questions to ask about how the property is managed from different viewpoints.

Here is a look at 30 questions that touch on the issues no matter what your job, or job title, with your rental property based on blogger Larry Arth's 30 years in real estate investing.

 

By Larry Arth

Larry Arth on property management and 30 questions you need to ask

I have had my share of property management issues, so speaking from a position of strength, allow me to share some diligence that I have uncovered over the years on asking and interviewing property managers.

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