Property Management Insights


How Much Security Deposit?

Property Management Blog
How much security deposit should you hold? The general rule of thumb is one month’s rent but over the last few years we have noticed that tenants are just leaving lots of personal property and not really cleaning their rental upon termination of their lease. They are expect...

Tip #12 Early Termination

Property Management Blog
Early termination. No one likes a surprise termination by their tenant so to help ease the pain, make sure your lease has an early termination clause that outlines fines the tenant will incur. You can use these fines as a negotiating tool to ensure your property is readied withou...

Tip #3 Don't Skimp On Repairs

Property Management Blog
As an Owner, you need to put yourself in a tenants shoes when it comes to renting your property. Make sure your home is rent ready and has been repaired. So often our new owners think they can touch up a wall and it will look fine. It doesn't. This is the biggest complaint we...

Security Deposits

Property Management Blog
Security deposits are used to motivate tenants to take care of your property and are used to recoup damage they cause, ensure rents will be paid, and other responsibilities of the lease are performed. But there are state laws governing the use and protection of these funds and if...

Move In and Move Out

Property Management Blog
A move-in inspection is when the landlord and tenant walk through the rental documenting the condition prior to the tenant moving in and before handing over the security deposit. This report will be used when the tenant moves out to determine if there was any damage caused by the...