Property Management News

6 Tips for Setting Rents with Confidence

6 tips for setting rents so that you can be sure you are not over-pricing or under-pricing your rental housing in your market. By Rentometer Whether you own or manage one rental property or hundreds of rentals across the country, you need to be able to set fair market rents confidently. If your rent is set too high, the property can sit on the market and you will miss out on monthly rental income.  And if the rent is set lower than the competition, simply put, you will leave money on the table. As we know, rents vary greatly from market to market, but can even differ from one street to the next within a single neighborhood.  Obviously, numerous variables impact the rent you... Read more

No matter what your goals are in 2020 personally or as an independent landlord, a few DIY tips and hacks can help your rental properties and business save money this...

Time.  We’re all trying to get some of it back in our day.  In an age where we are now accustomed to getting answers to almost any question just by asking it out...

To find the hottest design trend in Los Angeles right now, look no further than your own backyard. In 2017, when California relaxed the rules for obtaining building...

To ensure longevity of your HVAC system it is essential to replace the air filter(s) on schedule. Filters left unattended past expiration can cause unnecessary and...

Yes, squatters can become lawful tenants and...

Canton landlords have the second-highest eviction rate among mid-sized cities in Ohio and it isn’t easy getting rid of a tenant, even when one isn’t on the lease. Killing time between the morning pickup and afternoon drop-off Tuesday, Laura Speaks parked her school bus and hopped on Facebook. An advertisement flashed on her cellphone for a used side-by-side Kenmore refrigerator. “I thought, ‘Man, that kind of looks like my refrigerator,’ ” Speaks said. The photo had a kitchen table, mop and broom similar to those in a house she owns and rents out on Darrow Road. She clicked on the ad, “shocked” by the name of the seller: Collin Cole. Speaks said she has tried... Read more

If, like many landlords, you own or manage only a few rental properties, you are unlikely to have a lawyer on staff or even "on retainer" (where you pay a...

As a first-time investor, you already know that investment properties can be a great way to bring in some added income. However, it only works if you know how to find...

Written by: Mark Smolen Why is bookkeeping for landlords different from bookkeeping of any other company? This is the question that often makes many rental property...

How can a landlord limit responsibility for crime committed by strangers on the rental property? The following steps will not only limit the likelihood of crime,...