Property Management Blog

Property owners are already expecting work once they start a rental business, but the specifics might not be as clear. A rental property runs like any other business. You have responsibilities that cannot be neglected, or your operations will suffer.Day-to-day rental operations involve many tasks, all of which keep your property in good c...

Purchasing more than one rental property is a common practice among real estate investors, considering how lucrative rental businesses can be. However, huge rewards typically come with huge risks, and expanding your portfolio requires a lot of thought and research.Taking on new investments can become a nightmare if you don’t plan ca...

If you've never had to evict a tenant, consider yourself lucky. If you're about to go through it for the first time, consider this your field manual.Evictions are one of those things landlords dread but rarely prepare for until they're already in the middle of one. The process is more technical than most people expect, the tim...

If you've ever watched a rental property sit empty for six weeks while the mortgage keeps coming due, you already know what this article is about.Vacant days are expensive days. In our portfolio, the average rental sits around $2,000 a month. That means a property sitting empty for 30 days isn't just inconvenient, it's a $2,00...

There's a version of rental property ownership that looks great on paper. The rent comes in, the tenant takes care of things, and you mostly stay hands-off. That version exists, but it doesn't last long without a solid maintenance plan behind it.We talk to landlords every week who are surprised to learn just how much of the proper...

If you own rental property, you already know the lease agreement is important. But we'd guess most landlords spend less time on their lease than they do picking out appliances for a kitchen remodel.That's a problem.The lease is the legal foundation of your entire rental relationship. It sets the rules, defines responsibilities, pr...

Most rental property owners we talk to think the hard part is finding a tenant.It's not.Finding a tenant is easy. Finding the *right* tenant — the one who pays on time, treats the property well, and stays for the full lease term — that's where the real work happens. And that work happens before anyone signs a lease. It...

There's a version of being a landlord that looks pretty good on paper. You own a property, a tenant moves in, rent comes in every month, and life is good. Then reality shows up around the 8th of the month when your tenant isn't responding to texts and you're doing mental math on your mortgage payment.If you're a rental pro...

Rental properties require regular maintenance to remain both livable and attractive to tenants, and landlords are responsible for ensuring that all their needs are met. That’s not to say that all maintenance responsibilities should be shouldered by the property owner. Tenants should also hold up their end to ensure that all the...

If you’ve owned a rental property for more than five minutes, you already know this: not all tenants are created equal.Some pay rent on time. Mostly. Some take decent care of the place. More or less.And then there are those rare ones. The ones you almost forget about because… nothing goes wrong.No late payments. No complaints...