Some of our clients start off a little hesitant. They don’t quite know why to hire a property manager, and they figure some problems will come up that we’re not telling them about. In case you're having similar concerns, we’ve put together the top 11 disadvantages to hiring a property manager. …
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The Stop-Doing List for Landlords: 5 Tasks to Give Up Right Away
Have you heard of the “Stop-Doing” list?Basically, the idea is that sometimes what you stop doing is just as important as the things you start doing. So instead of creating a to-do list, with an endless number of tasks you want to complete, you should focus on things you hate doing or things that …
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You Purchased a Tenant-Occupied Investment Property – Now What?
So, you just bought a tenant-occupied property – congrats! But now the excitement's over and it’s time to get to work.First Steps After Buying A Tenant-Occupied HouseYour first steps when managing a tenant-occupied property affect your overall success. Here’s what you need to do to get off on the …
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What You Should Know About Raising Money for Real Estate Investing
Cash money is the best money, right? Even though a house costs the same no matter how you pay, cash gives you more options. With cash, you don’t have to use the entire amount towards one property. Instead, you can diversify your investment and bring more return. So whether you’re looking to hard …
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The Landlord’s Guide to Returning Tenant Security Deposits Properly
You’re on a deadline. Your tenant finished their lease and moved out after their full term. Now you’ve inspected the property, and it’s time to return the security deposit. Sounds easy enough. But if you get it wrong, it’s a big deal. And it’s one of the most common mistakes DIY landlords …
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How to Become a Successful Real Estate Investor: 8 Lessons From the Pros
As an investor, you know that knowledge is everything. The information you collect, the data you consider, and the wisdom you apply are all factors that help you identify profitable investments and keep them earning cash.Many investors learn from their failures. They fret over a bad tenant, stress …
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When Should You Raise the Rent on Your Rental Property?
Rental properties aren’t cheap to operate. They come with costs — and many of those costs are variables. Taxes rise, maintenance costs increase, and insurance rates climb. So when do you get to raise the rent to help cover your expenses?Contractually, you can’t raise rent during the term of the …
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How Property Management Works (and What We Do for You)
To put it simply: If you have a rental (or are thinking about buying one), a property manager makes your life easier. They find quality tenants, handle problems, and give your property credibility for tenants who want great housing.Who wouldn’t want those perks?But if you’ve never used a property …
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4 Important Reasons You Should Leave Tenant Screening to The Pros
Of everything you do in the process of filling your properties, tenant screening is arguably the most important part.Properly screening tenants will ensure that you get responsible people in your units: people who are likely to care for your property, follow the rules outlined in your lease, and …
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How Long Do Rental Property Appliances Last – and Who Replaces Them?
As an investor, it’s important to provide your tenants with a safe, functioning home environment — and that includes working appliances.One of the first things tenants will look for in a rental unit is appliances — does the unit have new, modern appliances? Are all the appliances in working order? …
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