Property Management Blog

Property managers need to realize that senior renters are more profitable because they can be long term tenants if handled properly. As the number of senior citizens is increasing in the U.S, their demand of living in their own separate place is also increasing. The Census Bureau estimates the number of Americans 65 and over will climb fr...

So you want to find yourself a new rental home. In today’s market, it is not just the rents that are high, the inventory is short as well.  There is already a lot of competition in the market, so how do you step ahead in the game? Hire a leasing agent; you will find the search much easier and you have a better chance of finding...

So you want to get some new tenants for your vacant homes. Do you have a system in place to screen them? A survey claims that by screening tenants you can avoid over 70% of issues you may have to face later on. When you screen tenants, it gives you a better idea about them, helping you gauge if they will be able to pay their rents on time...

Are you searching for a rental home? Did you decide on a budget for yourself? We all want to spend less on rent but we also want to opt in on some of the luxuries. So how do you plan your budget when you want both things? According to the industry experts, the answer lies in balancing your spending and savings. A financial expert told...

If you are in the process of remodeling your rental home(s), you must realize the impact the improvement will have on the value of your house. We know so many investors who feel that their home value increases exactly by the amounts they invest in the improvements. Actually, this does not work like this. But there is something that you ne...

Are you a landlord? Yes, we understand that your work can be quite frustrating at times, but there are also many perks associated with it.  You cannot ignore the fact that you are getting a significant amount every month based on the number of homes you rent. So is this the only perk or are there other advantages as well? Yes, there ...

We all want renters for our vacant units but according to a survey, the number of rental units will have crossed 46 million by next year. Indeed, this means there will be a lot of opportunities out there but the question is, how do you tap into them with this much competition? You start by providing renters with what they want the most.&n...

Are you planning to rent a house? Great, we are sure all your focus will be on the end result rather than the in-between things – like reading a contract. If you are conjuring up dreams of painting really colorful walls or perhaps creating an open floor design once you move in, we advise you not to. What if your landlord does not pe...

Did you just rent out your property because of a relocation downsizing or simply because you could not sell it? Whether you wanted this or not, the fact is that the IRS now considers you a landlord or property manager. Know what that means? Yes, you will have to pay taxes on the rental property, just like everyone else. Though this do...

Many people are now turning to renting instead of buying a home. The market has high demand levels right now and landlords are all very keen to utilize that to the fullest. With the launch of a new dynamic pricing software, they are now going to determine the rental amounts by considering the demand in the market.  The new softwar...