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3 Tips for Choosing the Best Property Management Company for Your Rental Property
Most homeowners ask what the management fee is and maybe the leasing fee and pick a company based on that and how they feel about the person they met with. There are many other things you should be considering. 1. Ask about additional fees What do they charge tenants...
How Much Rent Can You Afford
Tenants often overestimate what they can afford when looking for a rental. They’re not realistic and don’t sit down and add up all their monthly expenses and as a result end up can having issues paying their rent. Determine what percentage of your income you can...
Is Your Rental Property Underpriced?
Are you losing thousands of dollars because your rental property is rented for less than market rent? With the fluctuations in values and rents over the past couple of years combined with the fact that many areas could not raise the rent during the pandemic, you may...
Preventing Fires in Your Rental Home
Annually, there were over 379,600 fires in 2018 at residences in America that caused over 8 billion dollars in damage, killed approximately 3000 people, and injured 11,000 more. Making sure you avoid a fire in your home and are prepared if one happens can save you and...
Lease Only or Full-Service Property Management. What’s the Difference?
When a homeowner has a vacant property and wants to fill the vacancy, what does he or she do? She can either do it herself, hire a real estate agent, or hire a property management company. What is lease only/tenant placement? Lease only, leasing, or tenant...
What is Considered Normal Wear at a Rental Property?
The lease ended and your tenants have moved out. The property doesn’t look the same as when your tenants moved in so they should be charged, right? Not quite. Tenants are responsible for damage due to negligence, misuse, or abuse but not normal wear and tear....