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Property Management Blog

The Most Common Mistakes to Avoid When Hiring Property Managers

Did you know that business owners and landlords are around four times as wealthy as the average American?If you became a landlord to generate wealth, you aren't alone. Yet, this strategy doesn't always work out for everyone. You might find that you can't handle t...
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Property Management Blog

Did Your Tenant Break a Lease? A Guide to Landlord Rights

Oh no. It's the conversation every landlord dreads. The "I need to break my lease" conversation.If a tenant wants to break a lease, you need to inspect the property, advertise the unit, and screen a new tenant sooner than you thought.Yet, there are provisions that p...
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Property Management Blog

What Do You Do if Your Tenants Pay With a Bounced Check?

No matter how carefully you screen your tenants, there is always the possibility that they won't pay their rent or they pay, but their check bounces. It's no wonder that many landlords identify dealing with tenants and collecting money as the worst parts of being a landlo...
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Property Management Blog

Maintenance Coordination for Your Properties: A Guide

Real estate can be an excellent way to generate extra income. Whether you own a few homes or an apartment building, renting a property can be a lucrative business. To keep your renters happy, you have responsibilities as their landlord. One of your most important responsibil...
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Property Management Blog

Property Managers vs DIY Management: Which Is Better?

Property managers are the peace that renters and property investors don't know they need until they do. Imagine getting a call from a tenant at three a.m. stating they can't access their unit because the key code isn't working. As a resident, imagine no one answe...
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Property Management Blog

What to Include in Lease Renewals

Since 2010, landlords have raised rent rates an average of 31%. Raising rent prices is beneficial for landlords and property investors but they can make lease renewals a bit more complicated.Landlords cannot raise rent prices without letting a tenant know. This is just one item t...
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Property Management Blog

How to Choose the Best Rental Property Management Company

Managing your own investment properties gives you 100% control over what happens on your turf. However, most investors choose to outsource the tasks of a property manager to licensed professionals.To reap all of the benefits that come with doing this, you need to learn how to cho...
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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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