Property Management Blog

5 Steps of Your Tenant Pre-screening Process You Should Never Skip

Having the ability to choose the right tenants turns rental property owners into successful real estate investors. High-quality tenants pay their rent on time, giving you a reliable and steady cash flow. They take care of your property and alert you to maintenance needs. This reduces your long-term repair costs. They are also more likely ...

Looming Eviction? 5 Tips to Executing Drama-Free Evictions

No one wants to deal with an eviction. Unfortunately, it is something that every rental property owner deals with at some point throughout their property ownership. There are specific rules and regulations that you need to follow when executing an eviction. Keep these eviction process tips in mind and execute a drama-free eviction. ...

6 Ways to Generate Additional Revenue with Your Rental Property

Securing a tenant for your rental property is the primary method of generating income from your investment. However, it isn’t your only method. Developing additional revenue streams allows you to maximize your rental property’s potential. Consider these six additional revenue stream options for your re...

Safety First: 5 Tips to Evaluating the Safety of Your Rental Property

As the owner of a rental property, it is your landlord's duty to ensure that your property is safe for the tenants inhabiting it. Should someone get injured on the property, you could be found liable if you allowed the property to fall into an unsafe condition. Regular inspections can help, but you can do more. These&nb...

6 Ways to Minimize Your Risks When Renting to Pet Owners

Opening your rental home up to pet owners is a great way to increase your potential rental pool. However, it also comes with risks. It’s important to weigh the potential increase in profit with the risks to determine if allowing pets is right for you. If you allow a pet that causes a lot of damage, then the tenant ends up ...

Are You Paying Too Much for Online Vacancy Listings?

One of the biggest mistakes that new rental property investors make is to underestimate their vacancy rate. This is the amount of time that your property will sit empty. A high vacancy rate can have a negative impact on your cash flow, net operating income, the total return on your investment, and cap rate. The key to making your ren...

Ready to Grow? 5 Things to Look for in a New Rental Property to Buy

Purchasing one real estate investment property is a great way to gain experience and start your journey into owning an investment property. Once you gain experience and have a positive cash flow, you can begin to look for additional properties. Successful portfolio growth is about knowing what characteristics of additional properties are ...

5 Digital Solutions Every Rental Property Owner Should Be Leveraging

How are you managing your rental property? If you’re still doing everything manually, then you aren’t optimizing your investment. Digital solutions streamline the management process, reduce your time spent actively managing your property, and ultimately improve your ROI. There are one-stop solutions and others t...

5 Tips for Managing Late Rent Payments

Every landlord hopes that their tenants will pay the rent on time and in full for the full term of the lease. However, this doesn't always happen. As the landlord, it’s your job to handle this situation and protect your investment. Sometimes, tenants pay rent late due to circumstances beyond their control. Other times, you ...

Increase Your Rental Property Investment with These 5 Easy Upgrades

To get the most out of your rental property investment, you need to maintain and improve it. You shouldn’t blindly renovate and spend money, though. Some upgrades are more affordable and easier than others. Some give you a better return on your investment than others. This list of easy rental property upgrades will no...