Do you feel that you’re getting adequate income from your rental property? Whether you do or not, it’s always worthwhile to seek out ways to increase rental income. It’s especially important to increase rental income on your long-term properties. With long-term properties, it’s easier to make big investments that will pay off for years to come. It’s harder to make investments in short-term...
Consider this scenario. You just moved into what you thought was your dream apartment, and then you discover a roach problem, and some other issues with the plumbing that are causing plumbers and other contractors to traipse in and out of your condo all day long. Your rugs are ruined, your work-life balance is shot, and you can't sleep at night worrying about your current situation. Sounds dire,...
Real estate is one of the fastest ways to drastically grow your net worth. When handled correctly, you may even be able to establish multiple streams of passive income. It’s not always practical to manage your properties on your own, which is why so many real estate owners choose to hire a property management company. There are a handful of factors that you’ll need to keep in mind, however, when...
Not all renters take as much care of the property as you would expect. If you're a homeowner renting out your property this can be a terrifying thought. From water damage to renters not having the correct income. There are plenty of reasons why your potential tenants may be the wrong ones to rent your home. This is why most residential property management specialists will tell you that vetting your...
According to Purdue University Global, there are five different generations of people in the workplace for the first time in history. Generational differences can affect our work habits, our lingo, our taste in foods, and more. The way we were raised, our economic status, and our location all shape our generational views. The way different types of generations view housing varies just the same. So,...
If you're a landlord, then you know how easily paperwork and responsibilities can pile up. If you don't stay focused on getting work done and serving your residents, you will get behind. It can be difficult to catch up once something slips through the cracks. However, there are ways to make your life easier. The easiest and simplest way to do that is by investing in technology. There are all sorts of...
Every day, almost 1,000 people move to Florida, and affordable housing is getting harder and harder to find for tenants. This means that some people will do anything possible to try and secure a property in Panama City Beach, including faking references. Because of this, you might be at risk of renting to someone who isn't as credible as they say they are. So how can you differentiate between fake and...
Did you know that more than 70% of renters own a pet? Based on these numbers, more than half of tenants want to live with their furry friends. However, there are still many landlords that have their reservations when it comes to pets. If you're considering making your rental properties in WaterSound pet friendly, we’re here to give you some valuable advice. Below we talk about the benefits of a...
Do you own rental property? While it makes an excellent investment, it can also turn into a huge liability if you do not keep the property up to safety standards. Landlords musty legally protect their tenants. Failure to do so can result in a lawsuit that will cost time and money. Here is how you can improve the safety of your rental property to avoid any issues. Light Up the Outside Add external...
Are you a property manager who wants to attract and keep the best possible tenants to your properties? One way you can do that is by offering some of the best amenities in your area. Most landlords offer at least one or two perks to attract renters. However, if your property doesn't offer enough of the right kinds of attractions, you may find that your tenants leave after only a year or two. Here's...