Property Management Insights

Tip #19: It is critical that your rental home is in compliance with state and local building codes. You are responsible for ensuring your investment property meets health and safety regulations or your tenant may have grounds to break their lease or even worse, sue you. A judge i...

Tip #18: Pre-screen before showing your property. Once your property has been listed, you'll start to receive tons of calls from potential tenants. Before you schedule a time to show your property, ask your inquirer questions to determine if they even qualify. Ask them: why a...

Every property owner wants to get the most rent they can from their rental property. But when is it okay to raise the rent? Before making the decision to increase a tenant’s rent, you may want to consider a few things:What is the market rate for properties in the same cond...

How much rent can I get for my property? This is the ultimate question that every owner wants answered. The real answer is – what will the market bear? I’ll try to answer this question today.Understanding Market Rate RentWhat will the market bear is not much of an ans...

 Maintenance on rental property is one of those many headaches that comes with ownership. It’s a two-edged sword in that maintenance costs money, and if your expenses are more than the annual rent, it’s not exactly an expenditure you want to take on. However, by ...

Over the years, since we have been in the property management business, we have found there are many elements to tenant placement that are key to making a profit. We’re talking about two of them today.Renting to Friends and FamilyIf you want to find the best tenant, don&rsq...

Pets and rental properties do not always go together, and as the owner of a rental property, I really hate renting my home to tenants with pets. Pets are hard on a property. They tear up the carpet, they scratch your hardwood floors, and they chew up the molding around the door. ...