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Strategies for Increasing Rental Property Profitability
It’s not a surprise that landlords want to increase their profitability. With rental demand on the rise and vacancy rates dropping, landlords are in a unique position to maximize their rental property profitability. But turning a profit from your rental properties isn’t always easy, but there are a number of approaches you can take to…
Read MoreHow to Prepare Your Property for Renters
This is such an exciting time for landlords! The property is one step closer to providing an income stream that will pay off for years to come! However, this time is also best used to make sure it will make a future tenant feel at home. It’s essential if you want to attract high-quality tenants…
Read MoreThe Different Types of Property Managers
Are you a landlord looking to hire a property manager? Before making your decision, you need to know the different types of available property managers. Each type of property manager has a different set of skills and responsibilities, so it’s important to do your research to find the one that best fits your needs. …
Read MoreThe Guide to Avoiding Long Vacancies in Your Rental Unit
This is a comprehensive guide on how to fill your rental unit quickly and keep it occupied with tenants for an extended period of time. It explains the fundamentals of rental marketing and tenant screening, as well as tactics for successfully marketing your rental and tenant screening processes that will help ensure you find a…
Read MoreWhen Do You Need the Services of a Property Manager
Owning a rental property is exciting as the potential to increase your income can be an attractive prospect, but managing the property can become a full-time job. This is where the services of a property manager can be especially helpful. Professional property managers can provide an array of important services that can help ensure that…
Read More‘’Do’s’’ and ‘’Don’ts’’ of property management
Property management is a very wise and efficient choice for landlords who want to see the fruits of their investment property. However, there are a few do’s and don’ts one needs to be aware of when working with a property manager and when managing a property themselves. In this article, let us share with you…
Read MoreEssential Maintenance Tips for Landlords
As a landlord, it’s essential that you maintain your property in order to keep it functioning properly, attract tenants, and maintain your reputation in the landlord community. Taking the time and effort to do regular essential maintenance is definitely worth it in the long run. Maintenance is an ongoing activity and can involve both large…
Read MoreHow to Spot a Bad Tenant Early
Spotting a bad tenant early can be challenging, but it is a critical component of an investment property. It can save you a lot of time, money, and headaches down the road. As a landlord, you want to make sure your tenants not only pay their rent on time but also stay out of trouble…
Read MoreWhy you can’t replace your property manager
Do you really need property management? You might think this is something you could easily do by yourself, that there is no need to pay a monthly fee to somebody else to take care of your property. However, 54% of landlords choose to collaborate with a property manager. Let’s discuss what property managers can do…
Read MoreWhy it’s better to have your property manager oversee the renovations
Renovating your house can be an exciting experience at first. More often than not, it turns out to be a challenging project. You may find that it usually costs more than your planned budget, and it may take more time than you initially anticipated. It can be overwhelming if you don’t have the necessary experience. …
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