Rental Assistance/Help Needed

I have recently purchased some land and I’ve decided to place some rental properties on it. So far I am doing everything manually, but I don’t think that my way is very convenient for my renters. I would like to make my area very user friendly and less manual labor for myself.

In saying this I have a few questions I am hoping someone can assist me with. How exactly to you divide your land for rentals? Or is this something that is necessary to do? Right now I just have everyone on the same parcel and it is making it harder to watch my prim counts. What are the pros and cons (If any) of dividing it? And if I do need to divide it, how is the best way to do this?

Also, I’ve read that by setting up a group and assigning that group to the land that group members can ‘set home here’. I have done all of this, but it is still not allowing home to be set to the land. What am I doing wrong?

Thank you in advance for any advice you can provide.

I thought business advice would cost alot but some seem to want free such in this forum *LMAO* but I'm not sure that any smart landlord would give competitors advice I'm sure you can go back to help island to learn about how to divide land though.

Lol Larelian, hang in there, I see many landbarons give advice to others here. Hang in, one will show up. I'm not one or I would help you

you divide the land in the land editing tools, the pros to dividing it is it is easier to watch prim counts, and the individual can have specific audio and/or video stream set to the land as well as name the land plot to the name of their choice (with your permission and assistance unless it is set to group, they are a member of the group, and you have their role set to edit the land)

which brings me to setting the land to home, their role in the group has to have that option checked in order to set the land to home.

cons to dividing land I can not think of any
then again I just awoke, so....

PS for the record, I am not a landlord, just know how to utilize the tools of SL
(well most of them, still a scriptard)

Well, I'm not a land baron) so .... You have to deed your land to the group, rather than just set to group. Then you assign your renters limited powers in that group (so they can't sell the land from under you). That will allow them to build etc and of course set land as home.
There are very clear instructions on how to divide land in the knowledge base.

WRONG! this is EXACTLY the place to come for help and advice.

when i rent out (which i'm not at the moment), i use a purchased rental system. there are tons out there, and someone else can tell you which is best. i have bought 3 now, and i hate them all.

if you divide the land, but set them all to the same group, you should find it all more manageable. there is another thread showing how to allow others to set home on your land, but i can't remember which.

wish i could be more help!

You most certainly DO need to parcel your land if you are renting to several tenants.

The first thing you need to do is to decide how many plots (parcels) you wish to create, then parcel the land using the land tools. I find it easiest to create a map using Excel first.

Next, create a Tenant Group, create the role of Tenant, and assign it powers. If you want to know the optimum powers just IM me inworld and I will give you a step-by-step explanation of each power, and the pros/cons of assigning each one.

Install a rental system. The best by far is the Hippotech Rental System (I have used all the rental systems out there, so just take my word on this).

If you need any detailed advice on the above, or any further assistance, just IM me inworld.

Rock
Your friendly neighbourhood land baron.

and the group that you use for tenants HAS to be the same group that owns the land (deeded to group)

otherwise it will not help your tenants

What I'd suggest is going and looking at a few places offering the same type of rentals as yourself. Then you can see how they parcel it (or not), the groups they're deeded to, the rental systems being used etc.

It sounds to me like you're coming into it a little blind at the moment.

Thank you for the advice Everyday is a new learning experience for me here and I welcome the knowledge you all have provided. It is awesome to see that some people still care about others and take the time to stop and help.

I never said this is not the right place to come to for help and advice. I said that there can hardly be any smart landlords out there who'd provide a competitor with advice. The key word is 'smart'.

I'm a smart landlord...smart enough to know there are plenty of renters out there for all of us.

Larelian, I have one mainland sim with rentals and do not use an automated system. No need for it. I know someone who has three sims full of renters and does it manually too.

Just write down who owes you what and when it's owed and ask them to pay you directly. Also in the description of each plot I put "Plot rented until (date). that is mainly for the tenant to know when there next due date for rent is.

Dividing lines are essential. Otherwise people will rezz their prims on someone else's rental. Also that way they can control their own music if you allow that permission in the group settings.

PM me here with any more questions and good luck!

One can just wonder when the Coca Cola company is going to give out their secret recipe then. Applying your idea of business they should right away, don't you think?

I wouldn't say blinded, just not as educated about it as others. I know about the rental systems and such, as I have read much about them. I purchased a 12288 sq parcel with a tier of 5700L a week. I decided to rent part of it out to help cover the land tier and I've only placed 2 other houses there. I thought it would be more trouble than what its worth to go about the dividing and such, so I never took time to read up on it.

Lately I've taken a new renter that wants to stream his own music and such, so I told him I would look into making this happen for him. I just wanted to know some about the pros and cons because I've heard many horror stories about deeding land before and to be honest I was scared to deed because of those stories. I tried to do it through setting group only, but yeah....not right. Up until now the system I was using worked fine. I am just trying to help out the renter. If it were up to me I'd leave it like it is now.

I'm not here to be a land baron, just enjoy and have fun. If in that process I can share some of the beautiful land that I've designed with a few others, than I am happy to rent the other space on my land.

If your rental sim / area is full, there's nothing to be gained by trying to stop other people renting out. For example, my 3rd sim is filling quickly and I have a 4th on the way, but it'll be a few months before I'm in a position to get another. So what would I get by trying to attract more residents, or by trying to harm the efforts of others?

It's not like Coke, because they can just ramp up production by turning a knob. SL Land doesn't work like that, it requires a significant outlay.

I do see what you are saying Anniella but that is not what the OP was asking. She is asking the best way to approach renting and maintaining prims on a mainland multi-avatar dwelling unit. This is not the same question on how to acquire more renters.

Larelian, you have to the right place and you have great replies to assist you. There is surely more to come. I have not personally rented land on mainland and am learning a lot by your question.

As far as deeding land to a group, just make sure you don't check the box that allows your members to share in the proceeds of money transactions. And make sure you make a tier donation when you deed so you don't get double billed on tier.

Other than that, turning your land into group land is safe.

I have two sims of rental properties, about 22 or 23 rental lots all together. I handle it all manually, using a spreadsheet. I made a map which I keep updated with the lot number, the resident, and the date they took posession, and a spreadsheet where I list the lot number, resident name, posession date, and due-date of their next rental fee. I also record the rental rate they pay, and have notes such as if they've taken advantage of any of the discounts I have offered, or if they've given me notice or whatever.

I've looked at some of the automated rental systems, and even considered having a go at making one myself that would fit my needs. But in the end, I think it's a bit better doing it hands-on. That's just me of course, we all need to find the methods that work best for us.

I do have the rental lots subdivided into separate parcels precisely because it allows the residents to have full control over things like options and media settings, parcel name, that sort of thing. And it does make it easy to see (with View Property Lines) where the borders are, so as to help avoid parcel encroachment from one to another.

I'd suggest, as others have mentioned, read the KB about land division, group land, and group info. In-world, look at your group settings, and look at every single thing in there under the roles and abilities. IMHO the group functions are under-documented and it's important to understand the settings when dealing with group land. You'll probably want to have a bunch of different roles set up, like owner for yourself and your alt, create a role for residents, maybe a separate role for residents' friends, and make sure you have read and understood exactly what abilities you give each role, particularily in the areas of land/parcels and accounting.

Good luck!

-Atashi

And don't let them set group land for sale!

Nope hon, there is a difference. Ray and others are helping with basic game information. It's all public info, available to anyone who has the time to dig for it. It's analogous to Coke running workshops for small business owners as a public service, which some huge businesses (GE and Fidelity spring to mind) have been known to do.

Coke's recipe is a major differentiator. Ray did not give the OP a plan to create and promote a fun tropical playground like his Not to say that he wouldn't if he felt so inclined.

Information is power - I admire those who do not hoard it.

Eek! Thank you!

Shhhhh. Whatever you do, don't mention that Lilith Heart palm trees make for great rental plot foliage!

Being a landlord means keeping track of countless little details and pitfalls. If you are not intimately familiar with land controls and group roles, I would suggest using or creating an alt to role-play tenant and test your set up until you are comfortable with it.

what i have done is subdivided the rental parcels and created a group for each. what this does is allows a renter full control over their little plot of land, but does not allow them any control over neighbouring land. if you create only one group you will have a situation where renter A can change media settings, terraform, etc on tenant Bs land.
i also use the hippotech rental system.