09 Oct Marijuana Risks in Property Management and Rental Properties
As marijuana becomes legal in more states across the U.S., property managers and landlords face new challenges. While it may be legal at the state level, there are significant risks associated with tenants who possess, use, or grow marijuana in rental properties. This video breaks...
08 Oct Choosing and Installing Carpeting for Rental Properties
If you own or manage a rental property long enough, you're eventually going to have to replace carpet. Which carpet should you choose? Which quality and color? How do you determine when it's time to replace it? And should you replace it while the tenant...
19 Apr Should You Show Occupied Rental Properties to Prospective Tenants/Renters?
One of the most stressful times for a landlord is when there is a current or impending vacancy to fill, and leasing the property is one of the significant reasons that landlords hire property managers in the first place. You'll have a decision to make...
11 Apr You Are The Property Management Expert
As property managers, we act as a fiduciary to our clients, the owners of the properties. However most property managers act like nothing more than glorified personal assistants. It’s important to remember that as a property manager, you are the highly trained, professional and licensed...
29 Mar How Long Should You Hold Vacant Properties
When you're trying to lease a vacant property to a new tenant, how long should you be willing to wait for a new tenant to move in? In other words, how long should you be okay accepting no rent on the property while the new...
28 Mar Should You Increase Rent at Lease Renewal
When a lease is approaching expiration and you want to continue renting to your tenant, you have to decide which rent price you want to offer to the tenant on the new lease. Too much, and you can incentivize a good tenant to vacate leaving...
18 Mar Should You Let Tenants Paint
If you own or management rental properties, one of the most common alteration requests you'll receive from a tenant is asking to paint areas inside the home. Follow these best practices to when receiving painting requests to ensure your tenant understands their requirements, and that...
14 Mar Don’t Use Home Warranties
Some landlords come up with the idea of purchasing a home warranty to process maintenance on their residential rental property. Or they have recently acquired the property and the home warranty was included as part of the sale transaction. So why not have rental property...