Property Management Blog

5 Secret Tips to Implement a Full proof Policy on Rent Due Date

One of the biggest mistakes that real estate investors make is to let their properties become an emotional investment. It’s important to remember that acting as a landlord is a business. By maintaining a professional distance from your tenants, you reduce the risk of becoming too lenient or complacent when enforcing the lease terms....

5 Benefits of Properties Managed Near to Each Other

One of the smartest strategies you can have as a real estate investor is to develop a farm area. This is a geographical area that you focus on to identify potential rental properties for investment. Having your rental properties near each other provides you with several benefits. This guide will explain five benefits you’ll enj...

Guarantee Rent from Non-Paying Renters: 3 Benefits to Consider

Business owners know and understand that insurance, while not usually a very popular topic, is an essential component of business protection. Whether it’s workers’ compensation insurance for a company’s employees or a general umbrella policy, business insurance products are designed to protect the owner’s fina...

5 Tips to Avoid Placing Bad Tenants

Don’t be one of the many property owners with a bad tenant problem. This is one issue that probably could have been prevented. For many owners, they don’t have the tools or resources to screen tenants effectively. This results in placing a bad tenant that’s detrimental to their rental property business. However, you...

4 Insights Into the Proximity of the Owner to Their Property

Location, location, location! You’ve heard this touted countless times about real estate. But have you considered how location impacts your ability to manage your rental property? It isn’t just the property’s physical location, but how close it is to you and your other rentals. The further apart your rental properti...

3 Benefits of Marketing Rental Properties Early

One of the most challenging and essential aspects of managing a rental property is marketing. Without marketing, potential tenants won’t know about your available rental. This one task requires several activities that all work together to get the word out about your available real estate. The biggest mistake property owners and...

3 Benefits of Taking Professional Marketing Photos

When searching for a home online, 89% of buyers say photos are among the most important and useful features of a property listing. Whether it’s print media or online, the images used to market your property can make or break how prospects view your property.Compare this with your personal experience when looking for property on...

Accept Payments Online Rent Payments

Cash is king, just not when it comes to collecting rent. Many problems come with accepting cash rental payments. The most obvious include the struggle to collect the payment, keeping the money safe once collected, depositing the money, and then accurate record keeping. You can eliminate all of these potential issues by transitioning ...

Maximize Your Rental Income with 5 additional revenue streams

To have a profitable and income stable business, you need multiple revenue streams. However, most, if not all, property owners only have one revenue stream, which is the rent. This is a good place to start, but the rent may not cover all of your additional costs.  You could raise the rent, but this could price you out of the market. ...

3 Actionable Strategies to Reduce Real Estate Rental Hard Costs

Ask any successful business owner how you can increase your profits.  One of the key methods they will tell you is to reduce your expenses. There are three hard costs that all real estate investors can decrease to reduce overall expenses. These are the mortgage rates agreed to when purchasing the property, the yearly taxes, and the i...