How Paint Color Affects Mood

Whether or not you decide to let tenants paint the interior is your decision. However, should you be so bold as to forego the standard neutral tones in favor walls with color, keep in mind that your decision could impact the mood of your renters.

Some psychologists believe that color changes the chemicals in our brains, which directly correlates to our brain energy and level of excitement. For example, it is believed seeing the color red can increase heart rate and make us more alert. Perhaps it’s not the best color to use in bedrooms where one goes to relax.



 

Orange is considered to be warm and joyful color. It reminds us of the sun and ripe fruit, and therefore would be best suited for gathering rooms such as a living room or kitchen areas. Your prospective tenants might be turned off to too bold of a color in bathroom or bedroom areas.

A blue bedroom can create a calming effect for tenants

Blue is considered the most relaxing of colors. It should be used in rooms where one wants to feel calm and centered, such as bedrooms, bathrooms, or a personal office space.  Green is on the same spectrum of blue, and is also considered to make us feel serene and refreshed. Keep in mind that you can add green to a room not just by painting, but by adding plants or having a window that looks out to a lush lawn or trees.

For this an other tips on decorating your rental property, please visit our website at http://www.alwaysscreen.com.

Landlords to get automatic police updates

The Illinois town of Rockford is about to launch a new landlord registry that will alert property owners of any 911 dispatches made to their rental. The Rockford Apartment agency said they hope the new system will help “bring stability” to neighborhoods, and help landlords to make better-informed decisions about the tenants residing in their rental properties.

In order to register for the alerts, landlords will have to submit their contact information and addresses of their rental units. Those who do not comply could face fines by the city.

 

The way it works is once emergency services are dispatched to a property, the police will update the database and send emails to landlords. Both residents and property managers are hopeful this service will aid them in better managing their tenants.

 

Landlords will know if the police are called to rentals

For this and more information about screening prospective tenants, please visit ATS Inc.’s website today!

Why your tenants are moving out (And how to get them to stay)

Retaining good tenants is a great way to save yourself a lot of money. If you have a mortgage on your rental property, pay for advertising , cleaning and painting services, then you know vacancies can get quite expensive.  You need to find out if losing a good tenant is worth several hundreds or thousands of dollars from your bottom line.

 

Save money by retaining tenants

 

1. If you have reliable tenants who give you 30 or 60 days notice without reason, follow-up with them in person to find out why they are moving, and determine if there’s something you can do to change their mind.

 

2. If they tell you the rental is too small, perhaps you own another property with more square footage that you can offer when it becomes available. Or, offer to provide a large, secure shed on the property. Better yet, offer to add more shelving to closets and garage areas.

 

3. If they tell you they want something “newer”, offer to put some money into those upgrades you’ve been avoiding.

 

4. If they tell you the rent is too high, perhaps weigh the pros and cons of lowering it. Offering a $20/month discount for one year might be enough incentive for them to reconsider. After all, moving is expensive and a lot of work. Your tenant might be inclined to stay put in order to save a couple hundred bucks, rather than shell out thousands on a deposit, movers, and setting up utilities. Plus, even if you lose $240 for a year, it still could be much more if you have a vacancy for 1-2 months.

 

For this and more landlord tools, visit ATS Inc.’s website today!