Property Management Blog


Tip #6 Collections

Property Management Blog
Collecting past due rent from your tenants is a job many owners find distasteful. Make sure your lease clearly spells out the consequences for late rent, send your demand notice, and file eviction if you don't get paid. Do not accept partial payments as this starts you down t...

Tip #2 Updates Bring Higher Rent

Property Management Blog
Renters look for the same things as buyers: a nice, updated home. The more updated the home, the more rent you can expect. But! You have to weigh the cost of all the brand new updates against the cost to recover. In addition, there are certainly limits to how high you can go befo...

What to Consider before Raising Your Rent

Every property owner wants to get the most rent they can from their rental property. But when is it okay to raise the rent? Before making the decision to increase a tenant’s rent, you may want to consider a few things:What is the market rate for properties in the same cond...

Section 8

Property Management Blog
Section 8 has gotten a bad rap but in most recent years the Housing Authorities have worked hard to clean up this program. In the past, you could count on a Section 8 home to be a dilapidated, run-down home with messy tenants in areas you wouldn't dare go near.Today, I think ...

How Much Can I Rent My Investment Property For?

How much rent can I get for my property? This is the ultimate question that every owner wants answered. The real answer is – what will the market bear? I’ll try to answer this question today.Understanding Market Rate RentWhat will the market bear is not much of an ans...