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Property management is a diversified sector that many people are unfamiliar with. While there are several property management industry myths out there, we're here to dispel the five most popular ones.MYTH #1: Property management firms take your money and do nothing in return. FACT: Property managers deduct operating costs like mainten...

On February 15, 2022, the Federal Communications Commission (FCC) announced that it will adopt new rules to “unlock broadband competition” for people living and working in multi-tenant properties. These include apartments, office buildings, and public housing.These new directives prevent property owners from entering so-called...

The rental market seems to be heating up across the country as the summer months open, with rental rates gradually increasing and vacancy rates going down. This growth may look smaller compared to what we’ve seen during the same period in 2021. But it still exceeds the numbers recorded from the pre-pandemic years.For the first five ...

As a landlord, you're aware that tenants feel in charge of your relationship. Renters always tend to want more and more from their landlords, no matter how large their deposit is. That's why we've compiled this list of five tips for managing tenants to help you get back to what matters: living!1. Keep the Rules Clear Aski...

If you own a rental home, you may want to consider hiring a property management company instead of running it yourself. A property management company will give you several benefits you likely won’t enjoy if you choose to handle your own rental.Exactly what advantages will you get from partnering with a property management firm? Here...

When trying to sell a tenant-occupied property, you should know several essential things. First, it's good to keep in mind that the current market is not as easy to navigate as it was in the past. Based on other people's past experiences, you might think that you'll be able to sell your property quickly. This is no longer the ...

When it comes to attracting individuals or families looking for a place to call home, the competition between various leasing teams and rental properties can be tight. It’s important to remember that the service quality of a leasing team can sway the decision of a potential tenant to rent from you or not. For example, getting back t...

If you are deciding between hiring a property manager versus managing your rental property on your own, read on. There are many pros to working with a professional property manager. Hiring a property manager can mean better oversight, higher long-term returns, and more time to focus on your business. While it might sound like hiring a pro...

Smoke detectors are essential for every property. It keeps both your property and tenant safe. However, there is some confusion regarding the installation and maintenance of these necessary devices. Who should install them? Who should make sure the smoke detector batteries are still working?Smoke Detector InstallationThe laws regarding sm...

Rent growth shows signs of slowing down across many markets, according to the November report from Apartment List. But property owners need not worry.The report noted that "Since January of this year, the national median rent has increased by a staggering 17.8 percent. To put that in context, rent growth from January to November aver...