In the world of real estate, there are several myths and misconceptions surrounding property management that can often lead landlords astray. Considering how valuable the righty property manager or management company can be, it’s important to clear up those myths. Here are a few of the more prominent examples: Property Managers are an Unnecessary Expense… Read more »
When you own a rental property, you want it to continue to appreciate in value over time. This comes in handy both when you’re ready to sell in the future and when trying to attract tenants at your desired rent in the present. Many factors that go into property value are out of your control,… Read more »
As a landlord, you’ll likely have a tenant who will have some sort of dispute with you at some point- it comes with the territory. The way you handle these issues can make a significant difference in your success as a landlord. Properly managed disputes not only maintain a positive landlord-tenant relationship but can also… Read more »
Whether you rent out one unit or 10,000, your reputation as a landlord is everything. If too many of your tenants have bad things to say about you, that will hurt your ability to attract future tenants, which puts your business in jeopardy. But the opposite – good word spreading about you – can help… Read more »
When you own one or more rental units, there comes a time when you have to make some upgrades to your space. Whether you’re renting out an entire home, a double, a townhouse, or an apartment complex, your prospective tenants will expect a modern-looking, clean space with relatively new amenities. However, it’s not exactly cost-effective… Read more »
If you own one or more rental properties, you don’t just want to attract tenants – you want to attract the best tenants. The only way to do this is to offer the best quality rental unit possible. There are some things that can’t be helped – you can’t (usually) make the unit bigger or… Read more »
If you’re a relatively new landlord who owns more than one home or rental unit, you may not have much experience handling the type of issues that are likely to pop up in those locations. This is why so many landlords hire a property manager or management company to take care of those issues for… Read more »
If you own a rental property, you know that no two families or situations are the same. Sometimes you may get a couple that is quiet and keeps to themselves, while other times you may get a larger family with children and pets. If you find yourself leasing your space to the latter, there are… Read more »
If you own a rental property, you understand the difficulties that come with its day-to-day operations. Whether it be finding new and trustworthy tenants, taking care of your current tenants’ maintenance needs, collecting rent or anything in between, it can sometimes all feel like an impossible task. Luckily, there are professional property management companies available… Read more »
If you have recently purchased a property and have made the decision to rent it out to tenants, there are several things you can do to ensure a seamless rental process. Being a first-time landlord can come with a lot of stress and may feel overwhelming at times, so it’s important to have a plan… Read more »
