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Property Management Blog

Why Rental Properties Can Be an Excellent Investment

If you’re like most in the U.S. workforce, you have an employer-sponsored retirement account. You contribute a portion of your paycheck toward retirement, and your employer likely matches your contribution up to a certain point. And if you’re like most in the U.S. workforce, you’ve probably asked yourself: “Is it going to be enough?” The...
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5 Ways a Property Manager Makes Your Life Easier

When you’re the owner of a rental property, it can seem as though you have a part-time job. Sure, you’re earning income, but you’re also spending time managing the place. Unless you hire someone else to manage the property, it’s not an entirely passive investment. Hiring a property manager means adding an expense, but is...
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How to Determine Normal Wear and Tear Vs. Tenant Damage

If you’re a rental property owner, you expect your unit to be left in the same condition as when the tenant moved in. If you’re a tenant, you expect to receive your entire security deposit back if you’ve kept the place in good shape. Often, however, there are differences of opinion when it comes to...
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5 Property Maintenance Mistakes Landlords Often Make

Owning a rental property can be like a part-time job if you’re managing it yourself. There’s rent to collect, vacancies to fill, rental applicants to screen along with repairs and maintenance to be done. Rental real estate is not a totally passive investment if you’re the landlord. Sometimes, rental owners create more work for themselves...
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Why Real Estate Investors Should Consider Buying Condos

Condominiums haven’t always been the most desirable property type for real estate investors. They are sometimes more difficult to finance compared to single-family homes, and they might come with association dues that can be burdensome and unpredictable. There are, however, plenty of reasons for investors to at least think about buying condos. The biggest reason...
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Why Tenant Screening and Selection Are Critical to Rental Owners

The appeal of investing in residential real estate is the income and potential appreciation it provides. When you’re the owner of a rental property, you receive income when it’s rented out and tenants are paying on time each month. The profitability of your rental property depends on the attraction and retention of good tenants. It’s...
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What to Do When a Tenant Sues You for Their Security Deposit

Ask any rental property owner it’s happened to, and they’ll tell you that it’s no fun to be sued. It’s stressful, time-consuming, and can be expensive when someone takes you to court. But tenants sometimes do file lawsuits against property owners or managers over disputes that arise. One dispute that has the potential for legal...
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