Following Five Seasons Property Management; Burlington, Vermont's Premier Property Managers

Advantages of Investing in Student Apartments

System - Monday, November 5, 2018

College students play an integral role in Downtown Burlington's rental market, and they often make great tenants. 

Here are some reasons why college student rentals are a great investment: 

  • Students often sign one-year leases, and they frequently renew their leases. 
  • Vacancies are less common.
  • There is always a demand for student rentals near colleges and universities.
  • Rents are influenced by dorm rates and the surrounding market.
  • Most student rentals require co-signers, which provide an additional layer of security when it comes to rent getting paid on time and in full.

For more information on how to make a secure, rewarding investment in this market, contact us today. 

Amenities: A Great Way to Boost ROI

System - Monday, October 29, 2018

As a landlord you always want to increase your ROI, while providing your tenants with a positive rental experience. One of the easiest ways to do this is through providing amenities, such as parking, vanities, dishwashers, and coin-op laundry. This is a great way to attract better tenants and charge higher rents. We recommend considering these questions when determining whether or not to add an amenity.

  • Are you already receiving top market rent for your unit, without this amenity? 
  • Are you having trouble attracting perspective tenants? 
  • Would this amenity boost the value of your unit?
  • How long will it take for this amenity to boost an ROI that will pay for its addition/provision?

For more information about how amenities can impact your ROI, check out this article in the National Real Estate Investor. 

What Do You Love About Five Seasons Property Management?

System - Monday, October 22, 2018

Why does our leasing agent, Grace, love Five Seasons?

“Five Seasons places an unrivaled emphasis on the tenant experience. We know that many of our tenants are first time, student rentals, and it is important to us that we provide them with a safe, affordable tenant experience. Additionally, Five Seasons always goes the extra mile to maintain properties, while consistently providing lucrative investment management services.”

The Benefits of Investing in Burlington, Vermont Real Estate

System - Monday, October 15, 2018

Burlington, Vermont is home to one of the best real estate investment markets in the country. In Burlington, you can purchase a multi-family investment home for significantly less than you can in other U.S. cities, and the rents are just as competitive. A duplex in downtown Denver, for example, might sell for just under $800,000, but the average monthly rent is $1,634. In downtown Burlington, however, it is possible to buy a duplex for under $400,000 and the city’s average monthly rent is $1,770. Needless to say, Burlington real estate is an excellent place to invest if you want to see large returns.

Multifamily Real Estate; More Than Just A Personal Investment

System - Monday, October 8, 2018

Multifamily real estate is one of the best investments someone can make because everyone will always need housing. Currently, the US is witnessing a growing, "rentership society," which means that there is an increasing demand for multifamily rentals. According to Forbes' article, "How Multifamily Owner/Operators Can Invest In The U.S. Workforce," owning a multifamily property is more than just a personal investment; it is an investment in the U.S. workforce. 

What is your dream Five Seasons' Rental?

System - Monday, October 1, 2018

Five Seasons Property Management has tons of listings right now, and we recognize how hard it can be to sort through them. Take this quiz to help you find the perfect Five Seasons Property Management rental. Keep in mind, these properties are renting quickly, so make sure you schedule your showings today!

UVM and Champlain College Off-Campus Housing

System - Monday, September 24, 2018

This time of year is crunch time for UVM and Champlain College students who are planning to live off-campus next school year. The Vermont Cynic's editorial, "Prepare for off-campus living," is a great read for all students planning to move off-campus next year. Also make sure to check out our previous blog post, "Five Seasons Property Management’s Guide to Navigating Burlington, VT’s Student Rentals," to learn more about Burlington's off-campus housing process.

How to Attract Millennial Tenants

System - Monday, September 17, 2018

Millennials are our future investors and our current tenants. It is crucial for us to make sure our properties attract these young innovators. In his article, "Best Ways to Attract Millennial Renters," Oren Evanhar discusses what landlords must do in order to stay relevant with millennial renters.

Keeping it Legal in Your Burlington, VT Rental

System - Monday, September 10, 2018

Landlords, want to make sure your Burlington rental is up to code and can pass inspection? Follow Five Seasons Property Management’s mini checklist to make sure that you are adhering to all of Burlington’s rental laws.

  • All bedrooms must have an Egress Window.
  • There must be a Working Smoke Detector in every basement, bedroom, and interiors directly outside of all bedrooms.
  • No More than Four Unrelated Persons are legally allowed to occupy a residence.
  • One Lease Per Unit; It is illegal to rent bedrooms. All tenants renting the same unit are required to be on the Same Lease.
  • Landlords are legally Required to Pay for Water, Trash, and Sewage at all multi-family properties.

Concerned that your Burlington, Vermont rental is falling short of these requirements? Give Five Seasons Property Management a call today!

Choosing Between a Multi-Family and Single Family Investment

System - Monday, September 3, 2018

One of the first steps in buying an investment property is determining whether or not you should purchase a multifamily building or a single family home. Forbes Real Estate Council's article, "The Great Real Estate Investment Debate: Multifamily Properties Vs. Single-Family Rentals," does an excellent job at highlighting these differences. One additional thing to be mindful of is that, often times, multi-family properties tend to produce a quicker return on investment  than single family homes do.

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