Property Management Blog

How to Rehab Distressed Investment Properties without High Interest Loans

The HUD (Housing and Urban Development) Secretary, Ben Carson, recently announced the FHA plans to expand the 203(k) Rehab Mortgage Insurance Program. The program will allow Real Estate Investors to purchase and rehab homes within specific opportunity zones, with insured loans that include the purchase price and renovations. It also means...

4 Tips for Coordinating Maintenance Schedules

Scheduling and coordinating convenient vendor appointment times with anyone is a challenge in any industry. But as a rental property owner, you recognize the unique burden of managing schedules and trying to synch up the calendars of your tenants and vendor contractors. Today, we’ll highlight four tips to help streamline your m...

3 Tips for a Smooth and Successful Eviction Process

Sometimes, even if you do everything right from credit checks to calling references, you find yourself in a position where eviction is the only option. The tenant eviction process is probably the most challenging aspect of rental property ownership, in part because of our inherent nature to avoid conflict. But evictions can be unavoidable...

5 Benefits of Performing Regular Property Inspections

As a rental property owner and investor, one of the situations you hope to avoid is having a distressed property. Bringing a distressed property back to life and into a rentable condition can be costly. Property owners recognize that routine maintenance can help prevent those huge and burdening renovation expenses.Ongoing and routine main...

5 Tips for Managing High Maintenance Costs

Veteran rental property owners understand that preserving their investments will often require some pretty hefty maintenance costs. Major repairs or renovations aren’t only necessary for the safety and well-being of the tenants. But they are also important for maintaining the integrity of the building long-term. So, how do you go ab...

6 Tips to Managing Rental Property Expenses

Sometimes, the only difference between a profitable rental property and an unprofitable one is the owner’s ability to track, manage, and anticipate expenses. It’s not uncommon for landlords and rental property owners to inadvertently mismanage the various costs involved with rental ownership.As we head toward 2021, you ma...

5 Tips to Help Property Owners Find Reputable Vendor Partners

The Importance of Licensed, Bonded, and Insured ContractorsAs a rental property owner, you know there are times that call for outside vendors. Whether it’s a locksmith to change locks on your property doors between tenants or a local plumber to fix a leaky kitchen faucet, having a team of reputable vendor partners on deck is cr...

4 Easy Tips for Creating Rental Property Marketing Videos that Work

You know the importance of showcasing your rental property to prospective renters. But you may feel like you’re not the photography expert you need to be to do an effective job with video creation. It’s because of this lack of confidence you might sometimes find yourself not making videos at all or struggling to create the&nbs...

3 Benefits of Having Access to Your Records 24/7

Property management can be a delicate undertaking if you are not particular about record-keeping. An unexpected audit could arise. A legal dispute may arise from a simple misunderstanding. Proper records are a form of insurance for any property owner.The law dictates the records a property manager or owner should keep as well as the minim...

5 Benefits To Outsourcing Maintenance Calls

Whether you are a landlord or a Property Manager , maintenance calls from tenants can come at the most inconvenient time. You are just about to have a moment with your family or retire to bed, and there goes your phone. You're aware of how frustrating it can be your loved ones.How motivated will you be to handle the client’s nee...