Blogs

It is often much easier to gauge rental income, there are a lot of market comparable, supply and demand, performance reports readily available to help get an accurate idea of how much rental income you will receive each year. Estimating expenses, is where it gets harder for landlords simply because there are a number of variables to factor in. Having an efficient system in place is imperative for recording rental income and expenses. This includes major expenses such as mortage, ...

Investment properties are often an exciting venture to dip one's toes in as they can be very rewarding if the right choices are made. Most people look for residential rental properties to boost their investments but, keeping income and benefits aside, real estate is a tricky domain. There are a few questions that run through the mind of a first-time landlord like, how to recognize a good rental property, how to steer clear from a bad rental property, the neighborhood, property rates, ...

Since Property Management comes with a huge multitude of tasks, owners might think of hiring a property management company to handle this burden so that they can focus on managing core business functions. At times however, it might not be smooth sailing and tensions may arise between owners and the property management team when expectations are not met. This may cause owners to end up rethinking about the need to hire a property management team. Thus, for a property management comp...

Every Property Management company is in a constant pursuit to cut costs, increase profits, and tenant satisfaction. With the high competition, demands, and expectations from tenants, many property management professionals find it challenging to lower operating costs. How about using property or community management software? Again, an increase in cost! Well, you are wrong! Investing in property management software can save a significant amount of cost, increase operational effici...

Having a property is one of the biggest investments undertaken by anyone and maintaining the upkeep is crucial to maintaining the value of the property. Hence Property Inspections are essential, and it is one of the most important aspects for any landlord. A lot of property owners do not organize the inspections of their rental property until tenants contact them for an issue. However, it is vital to conduct regular inspections to ensure the property is maintained in excellent condition. The ...

Deciding whether to allow pets or not in your property is not an easy decision for many of the property owners. Various factors need to be taken into consideration before taking a final decision. On one end, allowing pets can broaden the income generation sources and retain tenants for longer, however there are high risks associated with having pets in your property. As with any decision, there are pros and cons associated with the choices you make. If one is on the fence about deciding wheth...