With the end of the year in sight you may have a few questions regarding tax deductions on your property. Because your property is an investment, there are certain deductions you can take, but do you know which ones? Home repairs Loan interest paid Professional fees Insurance New refrigerator Answer: All of the above! The reality […]
3 Tips for Writing a Tenant Reference
As a property manager, it is quite possible that some of your former tenants will ask you to provide a recommendation when they move out. This recommendation can help to assure their new their new landlords they will be a reliable resident and you are also helping fellow landlords and property managers screen potential tenants. […]
Know Your Property Expenses
One of the main goals for anyone owning or managing an investment property is maintaining profitability. The best way to ensure a profitable investment is to analyze the ongoing operating expenses, including property taxes, HOA fees, property management fees, insurance, maintenance, and miscellaneous expenses. Before you start analyzing the operating expenses, take some time to […]
Responsibilities of a Property Manager
Managing a property presents many challenges and can be difficult at times if you aren’t prepared. Managing the day to day operations of both customer service and property maintenance of one property or multiple buildings can seem overwhelming. Here are several responsibilities and tips to help you focus and stay on top of your game. […]
3 Property Manager Tips to Attract High Quality Renters
Being a property manager or landlord can be very rewarding and profitable, but not if you are lacking in tenants. Unfortunately, attracting tenants takes more than just putting a “For Rent” sign on the front lawn of your property. That’s okay, though, because there are plenty of things you can do to attract tenants to […]
3 Tips on Managing Rental Property
Managing a rental property can be difficult at times. We’ve put together a few tips that will make it a little easier to manage a rental property. 1. Know the Laws No one wants to be stuck with a lawsuit especially not in terms of housing. A way to prevent this is to know and […]
Should Military Members Rent or Buy?
Here are 3 considerations to help you decide! When Military Members get PCS orders, one of the many questions that comes to mind is their living situation. Should I buy a home or rent a home? We’ve put together a few things to consider before making this big decision. How Often Do You Move? Typically, […]
Summer Checklist for Landlords and Property Managers
Hot temperatures are coming, and you can never be too cautious. Here are some tips for property managers to prepare your properties for summer! Schedule a visit for every unit Let your tenants know you are preparing them for summer. Do a visit to every unit to make sure air conditioning units and filters are […]
Reduce the Stress of Moving through Preparation
Moving in general can be stressful, especially for military members and their families. Having your household belongings prepared and making appointments with reliable services is crucial to a stress free move. First determine what type of moving expenses you are covered for your move: Personal and Dependent Travel: The government will take care of travel […]
Five Renting Tips for Military Members
As you prepare for your next move there are a few important tips to keep in mind when looking for the next place to call home. Conduct a thorough walk through Before you sign the lease it is crucial to do a thorough walk through of your new home. Things to look most for are damages […]