When should you raise the rent? Ideally, making the change after a tenant turnover is best — you simply rent the unit out to a new tenant at a higher rate. If you have the same tenants in place, though, you might end up having to increase the rent during his/her occupancy. Approaching an increase […]

16 Fabulous Outdoor Christmas Decorations by Terrys Fabrics.

Many property owners are making the lucrative decision to rent out their houses in today’s market, but opening yourself up to a new income also means opening yourself to liability issues. Buying a rental property can be one of the most lucrative investments you make if marketed appropriately, but there are safeguards you need to […]

Whether you’re renting out one property or many of them, you won’t be a landlord long before learning that dealing with tenants can be tough. From people who don’t pay on time to people who trash your property, there are all kinds of headaches that come with the territory in the property management realm. To […]

In an era where identity theft runs rampant, finding tenants who have the financial means to pay their rent in a timely and consistent manner based on their lease agreement is only half the battle. Here are four safe ways to collect rent from your tenants. Electronic transfers. If your tenant has a checking or […]

The average cost of tenant turnover runs between $2,500 to $3,500 depending on the area you live in, according to FRE Real Estate and Property Management. Keeping tenant turnover low and maintaining a quality property is the focus of any property manager. But wading through the endless details of keeping a property running smoothly can […]

Are you looking for a way to give your rental property a competitive edge? Instead of investing in kitchens and baths, which may have already been upgraded, why not address the outdoor living space? A home with a comfortable and inviting outdoor living space will draw the attention of potential tenants who are driving by […]

Good tenants are like gold in the real estate market. Maintaining a good relationship with your tenants has a host of benefits – one of them being that you can rest assured that you will be paid your full rent and on time. They are also more likely to look after your property well if […]

If you’ve recently watched HGTV, you may have gotten the urge the remodel your rental property. Or perhaps your commercial property is a bit dated and needs a facelift. Either way, major renovations are often much more difficult than they appear on television and far from cheap once everything is said and done. Before forking […]

As warmer temperatures begin to surface, pint-sized creatures swiftly seek shelter in cooler climates. And unfortunately, this could result in an infestation of your rental property. While you can eradicate the issue before prospective tenants occupy the premises, pests can resurface if the treatments aren’t recurring. Because of the need for constant protection, many property […]