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Property Management Blog

4 Things a Landlord Should Look For During Rental Property Inspections

The average landlord can expect to spend between 1% and 3% of their property's value on maintenance each year. That can really add up. But by nipping problems in the bud, you can reduce these costs.That's why it's so important to carry out regular rental property insp...
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Property Management Blog

What’s the Average Amount to Charge for a Security Deposit?

When you become a landlord, you become responsible for several things you may not have prepared for. The list of responsibilities, ranging from maintenance coordination to a tenant background check, may seem endless. One thing that many landlords struggle with is determining...
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Property Management Blog

Everything You Need to Know About Support Animals in Rental Properties

The Fair Housing Act is in place to protect citizens who rent properties. It's also there to help those with support animals.The act requires people with disabilities to be given reasonable accommodations. And that includes being allowed to have a support animal even if the p...
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Property Management Blog

5 Essential Real Estate Investing Tips for Beginners

This is one of the best times to try out real estate investing. All across the country, the housing market is growing and the value of houses is rising. It also does not show signs of slowing down anytime soon.However, knowing how to invest in real estate can be difficult for man...
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Property Management Blog

What to Do When a Tenant Skips Out on Rent

Did you know Covid caused 10% of renters to have issues paying their rent? Another 25% of renters worked out payment plans with a property manager. Rent collection is one of the tougher aspects of managing property, and it's especially difficult when a tenant skips out o...
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Property Management Blog

A Quick Landlord's Guide to the Eviction Process

A tenant who won't pay their rent is every landlord's worst nightmare, and it's more common than you might think. In fact, over a million evictions take place in the United States each year - and this number has gone up amid the Covid-19 pandemic.Evictions are stressf...
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Property Management Blog

Landlord Tools: Tenant Screening Checklist

The larger the city you are in, the larger the proportion of residents are likely to be renters rather than owners. In fact, in places like New York City, renters make up 60 percent or more of the population!When such a huge proportion of the population is a prospective tenant, i...
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Property Management Blog

A Quick Landlord's Guide to Section 8

Not everybody realizes just how common section 8 housing is. In fact, almost five million people live in Section 8 housing! With so many people living in Section 8 housing, there is ample opportunity for landlords to specialize in Section 8 housing. In other cases, property ...
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Property Management Blog

Rent Collection for Landlords: The Ultimate Guide

In the US, the average rent for a two-bedroom apartment is $1,180 per month. That's a large sum of money to be collected from a whole host of renters each month.In fact, some 36% of Americans from 122.8 billion households across the US are renters. If you're one of the la...
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Property Management Blog

Should You Allow Pets in a Rental Property?

Up to 68% of American households have some sort of a pet. If you are a landlord, deciding whether to allow pets in a rental property has some major ramifications.Managing properties is all about balancing the needs of tenants with the preservation of your housing resources. Allow...
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