Five Fees You Gotta Know Before Signing with A Property Manager

Thursday, April 20

Reading the 6-8 page property management agreement can be an intimidating experience if you are a newbie landlord. Yet buried within that legalese mice size type are fees that can eat into your net profit. Failing to understand these fees can cause unnecessary stress and promote an environment of...


Why Raising The Rent is a Good Risk Every Landlord Should Take

Friday, April 14

Raising the rent is one task many landlords want to do but at the same time fear doing it. Sure it's easier to jack up the price if your aim is to get a deadbeat tenant out of your property and start fresh. Yet the task becomes harder when you are at risk of losing an A Class tenant who pays on t...


Landlord References- How to Screen Them Like a Pro

Sunday, September 04

Tracking down previous and current landlord references is a lot like being a detective; First, you have to find the landlord and verify property ownership and then you have to get them to talk to you. This can be difficult for two reasons: Landlords are busy people; Aside from managing their rent...


Four Characteristics to Look for When Hiring a Property Manager

Saturday, August 20

Even if you own an A-Class rental with decent cash flow, poor property management can sink your profits faster than a bad tenancy. Hiring a property manager is a big expense, averaging as much as 10 to 12 percent of your gross monthly rents. The secret to avoiding mediocre management often means ...


The Secret to Managing and Keeping Quality Vendors

Friday, August 19

Whether your rental property is just two miles away or is located in another state, you need a quality vendor team you can rely on when your tenant reports a leaky toilet or a blown down fence. Your property's value is dependent on keeping it well maintained and that includes managing the vendors...


Why Using A Lease May Be A Bad Deal For Landlords

Tuesday, July 12

If you're like most landlords, you'll probably choose to use a lease to rent out your property. The advantages are obvious: A lease locks your tenant into the rental contract for a period of time (usually a year)for a specific amount of rent. A lease also allows you to control the time of year tu...