Property Management Blog

Tuesday, October 4, 2022

Treat Your Rental Property like a Business

What stops you from treating your rental property like a business? It could be that you’re quick to form personal attachments. Maybe there are frustrating maintenance problems that make it hard to focus on the business you’re trying to run, or tenant difficulties seem to get more intense and you’re worried about evictio...

Thursday, September 1, 2022

Security Deposits and Normal Wear and Tear

In our last couple of newsletters, we’ve talked about the rising costs of maintenance and why it’s still not worth it to let tenants make their own repairs. What about the normal wear and tear that occurs during any tenancy? Repairs are bound to be needed when one tenant moves out and you’re preparing to attract a new t...

Monday, August 1, 2022

Should Tenants Perform Their Own Maintenance?

You already know that we take care of all maintenance requests from tenants, whether they’re emergency needs or routine repairs. Is there ever an appropriate time to let tenants make their own repairs? The general answer is no. It creates a lot of risk and liability that you don’t need. There are some general things related...

Friday, July 8, 2022

Increased Costs of Maintenance, Materials, and Repairs

In most rental markets, this is the busy season. It’s high summer and tenants are on the move, looking for new homes and deciding where they want to spend the next year or more. As you spend some time turning properties over and making them ready for new tenants, you might have noticed something about the cost of maintenance.It&rsqu...

Thursday, June 30, 2022

Do You Understand Association Insurance?

We continue our discussion of insurance and how it protects your property and this month, the spotlight is on HOAs and condo associations. If you rent out a home in an HOA, your monthly or annual fees will likely contribute to the HOA insurance policy that covers the entire community.What does that mean for you?Is Association Insurance Ev...

Wednesday, May 4, 2022

Homeowner Insurance is NOT the Insurance for a Rental Home

Our last newsletter focused on the important topic of liability when it comes to insurance. This month, we want to make sure you’re not making a common mistake: thinking your homeowner’s insurance will be adequate when you’re renting out a home.  How is Homeowner’s Insurance Not Right? A homeowner’s insu...

Friday, April 8, 2022

Landlord and Tenant Liability Insurance

As the spring thaw continues (unless you’re in a climate that was never frozen), we’re thinking about what a lot of our owners hate to think about: Worst. Case. Scenarios. It’s hard to think about insuring yourself and your rental property. Until, of course, you need that insurance. This month, the focus is on liability...

Friday, March 11, 2022

How to Continue Building Wealth

You have a property. You’re holding onto it and renting it out with our help. What’s next on your wealth building journey? Growing your real estate portfolio. Why settle for one or two rental properties? The real wealth kicks in when you use those properties to leverage the portfolio growth that will really begin to earn you...

Thursday, February 3, 2022

Why You Should Buy Real Estate and Hold onto it?

We are helping the owners we work with consider wealth and how real estate investments can attract more of it. Last month, we reminded you what it means to build wealth with real estate and how we help you on that journey. This month, let’s look at why it’s so important to buy real estate and hold onto it.Buy and Hold is Exact...

Tuesday, January 11, 2022

What Does it Mean to Build Wealth Through Real Estate?

Here it is. A new year. Time to make resolutions, seek personal growth, and plan for a fantastic future. As your property managers, we’re going to help. Specifically, we’re going to help by sharing some strategies on building wealth through real estate. Here’s what that means: Buying and holding an investment property H...

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