May this autumn bring you a harvest of fun times and laughter with family and friends!

In September, many apartment complexes endure a resident exodus due to college terms ending and new employment opportunities. Often times, this exodus causes problems in a property manager’s ability to keep their buildings full and profitable. One trick to manage this little hiccup is with the use of term leases. It’s true that you won’t find many students willing to sign a lease beyond their college expectancy, but almost every other resident will. In other words, you can hedge your position by locking your non-students into term leases that extend later into the Fall and Winter. This gives you a little more padding in the numbers to withstand a large student exodus.

This is just one little planning tip that we use in the right locations. But we are chalk full of good ideas! So if you are frustrated with your property’s performance in any way, think about hiring a professional property management company. And consider Castle when you do.

Have a relaxing day with fun and laughter!