Property Management Blog

It should be raining cats and dogs at your rental property. Why? Because that will mean it’s also raining revenue. Pets bring in higher rental values and extra income streams for owners who are smart enough to welcome them into rental properties. Pets aren’t just cute and furry and loveable. They’re also little money-...

It’s great news that your rental property has likely increased in value over the last year. Or, is it? Of course it’s great news, but it also means your tax exposure may have changed. Property taxes almost always depend on what your property is worth. If you’re wondering how, exactly, they’re calculated, we have...

What stops you from treating your rental property like a business? It could be that you’re quick to form personal attachments. Maybe there are frustrating maintenance problems that make it hard to focus on the business you’re trying to run, or tenant difficulties seem to get more intense and you’re worried about evictio...

In our last couple of newsletters, we’ve talked about the rising costs of maintenance and why it’s still not worth it to let tenants make their own repairs. What about the normal wear and tear that occurs during any tenancy? Repairs are bound to be needed when one tenant moves out and you’re preparing to attract a new t...

You already know that we take care of all maintenance requests from tenants, whether they’re emergency needs or routine repairs. Is there ever an appropriate time to let tenants make their own repairs? The general answer is no. It creates a lot of risk and liability that you don’t need. There are some general things related...

In most rental markets, this is the busy season. It’s high summer and tenants are on the move, looking for new homes and deciding where they want to spend the next year or more. As you spend some time turning properties over and making them ready for new tenants, you might have noticed something about the cost of maintenance.It&rsqu...

We continue our discussion of insurance and how it protects your property and this month, the spotlight is on HOAs and condo associations. If you rent out a home in an HOA, your monthly or annual fees will likely contribute to the HOA insurance policy that covers the entire community.What does that mean for you?Is Association Insurance Ev...

Our last newsletter focused on the important topic of liability when it comes to insurance. This month, we want to make sure you’re not making a common mistake: thinking your homeowner’s insurance will be adequate when you’re renting out a home.  How is Homeowner’s Insurance Not Right? A homeowner’s insu...

As the spring thaw continues (unless you’re in a climate that was never frozen), we’re thinking about what a lot of our owners hate to think about: Worst. Case. Scenarios. It’s hard to think about insuring yourself and your rental property. Until, of course, you need that insurance. This month, the focus is on liability...

You have a property. You’re holding onto it and renting it out with our help. What’s next on your wealth building journey? Growing your real estate portfolio. Why settle for one or two rental properties? The real wealth kicks in when you use those properties to leverage the portfolio growth that will really begin to earn you...