Property Management Blog

Did you just buy your first rental property and are thinking about managing it by yourself? If so, this article is meant for you! Owning a rental property can be lucrative but it’s not an easy ticket to wealth. How you manage the investment is what makes all the difference. Self-managing a rental property takes time, money, and a lo...

If you own an investment home, you have to make sure it’s safe and secured at all times. After all, you spent your hard-earned money to build that investment, so you have to safeguard it effectively.Here are a few helpful ways to keep your home (and investment) safe and secure:1. Know the Safety Index and Crime Rate in Your Location...

When renting out a property, it’s natural for it to depreciate over time due to everyday, normal use by a tenant. This is what is referred to as “normal wear and tear”.  But while it can be easy to define what normal wear and tear is, it’s usually daunting to know what exactly it constitutes. What kind of dama...

Rental agreements and leases outline the rules landlords and tenants are expected to follow based on a mutual understanding. This is a legal document that includes the details of the tenancy and sets the amount of rent. Certain basic terms must be present in the leasing contract, no matter how many conditions it contains. Find out ab...

Having an effective tenant screening process for your Dallas rental home lowers the risks you could face and reduces potential problems. It’s important as a seasoned or new landlord to make sure to keep your process the same for every applicant to really make sure they’re meeting the standards you’re looking for in a ren...

Having great tenants occupying your rental home is every landlord’s wish. This is an attainable wish, though. A lot of good tenants are available, all you have to do is learn to attract them. Professional marketing skills attract great tenants. Here are some marketing tips from a leading property management company:Study Your Target...

As a landlord, it’s important to learn about month-to-month leases so you can know when to offer them. Month-to-month leases are short-term agreements that provide property owners with the flexibility not to commit to a tenant for a long period of time. Traditional leasing agreements usually cover a 12-month period. Yearly and...

One of the key responsibilities landlords have is responding to their tenants’ complaints. How you do this task can make a difference in how successful you’re as a landlord. If you address your tenant’s concerns properly, you can keep your renters happy and they’ll be more likely to renew their lease! This wil...

Starting out as a landlord can be challenging for those who have just purchased an investment property. But, as with all things, the more familiar you become with routine tasks, the easier things get. The best advice for first-time landlords is to form good habits to help minimize your stress and save you valuable time and money.Having so...

Traditional house showings have largely been replaced with virtual viewings and tours. This is excellent news for individuals trying to rent out properties as virtual tours allow landlords to reach a larger pool of prospective tenants.Offering video tours, in addition to in-person showings, is an excellent marketing tool. Contrary to popu...